Ripple’s XRP has reached a major milestone, almost touching the $3 mark for the first time since 2018, signaling a significant price surge for the token. The coin has surged more than 15% in the past 24 hours,

XRP price jumped to an all-time high Wednesday.The price of the popular altcoin, used to facilitate and settle transactions on the Ripple payment platform, soared 14% to $2.99 over the past 24 hours,

XRP surges past $3 mark amid SEC lawsuit developments, reaching highest level since 2018 with 14.45% gain and $168 billion market valuation.

XRP nearly touched a price of $3 on Wednesday morning, hitting a mark not seen since 2018 as meme coins on XRP Ledger saw a resurgence.

Payments-focussed cryptocurrency XRP, which failed to set new price highs during the 2020-21 bull run due to regulatory struggles, is chalking out its fastest ascent in years, with derivatives tied to the token seeing record activity.