XRP Declared 'Digital God' Amid Bearish Market Shift

Market Overview

As of December 24, 2025, the cryptocurrency market is experiencing bearish sentiment, with an overall average change of -2.04%. Key players like Solana (SOL) and Dogecoin (DOGE) have seen declines, while XRP drew attention with a notable endorsement from a high-profile figure, adding some intrigue amidst market downturns.

Top Performers

• Solana (SOL): $121.07 (-2.62%)
• Dogecoin (DOGE): $0.127 (-2.49%)
• Cardano (ADA): $0.356 (-2.20%)
• XRP (XRP): $1.84 (-1.72%)
Despite the overall market decline, XRP remains a focal point, largely due to a recent statement from a famous individual elevating its status in the cryptocurrency hierarchy.

Key News

1. SEC Fraud Allegations: The SEC has taken action against multiple crypto trading platforms and investment clubs, alleging a multimillion-dollar fraud scheme targeting retail investors through deceptive practices. This regulatory scrutiny raises concerns about the stability of certain crypto projects. 2. XRP's New Status: YoungHoon Kim, recognized as the world's highest IQ holder, referred to XRP as the "Digital God" of cryptocurrencies, sparking discussions within the community about its unique position among digital assets. 3. Coinone's Trading Advisory on Yala: South Korean exchange Coinone has issued a trading advisory for Yala (YALA), citing concerns about its business model and operational transparency. This advisory serves as a warning for investors about the potential risks associated with YALA.

Market Sentiment

The overall market sentiment remains bearish as regulatory actions and advisories from exchanges contribute to investor caution.

What to Watch

• Monitor the SEC's ongoing regulatory developments and their potential impact on the market.
• Keep an eye on responses from the Yala development team following Coinone's trading advisory.
• Watch for further commentary or endorsements regarding XRP, as public perception can influence its market performance.