XRP has surged to a price of $3.18, marking its highest level since 2018 and reflecting a 19% increase in just 24 hours. This rise comes amidst a broader recovery in the cryptocurrency market, where after a dip earlier in the week, assets have regained value following a favorable U.S. inflation report. XRP's recent growth is attributed to ongoing legal developments surrounding Ripple Labs, enhancing market optimism. Notably, XRP is now less than 10% away from its all-time high of $3.40, established in January 2018. Other top cryptocurrencies are also seeing gains; Bitcoin has steadied around $99,700, while Solana and Dogecoin have hit weekly price peaks, with Dogecoin witnessing a 7% rise to approximately $0.382. Overall, XRP’s momentum represents a significant shift in market dynamics, favoring altcoins over Bitcoin as investors react positively to changing sentiments across the crypto landscape.

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