XRP Price Rallies To ATH At $3.4, Here’s What’s Driving It And Why The Pump Will Continue 🚀
XRP has skyrocketed to an all-time high (ATH) of $3.40, triggering optimism among XRP enthusiasts. The surge is largely propelled by positive fundamentals, such as Donald Trump's openness to a crypto reserve featuring XRP. This has sparked increased investor interest and accumulation, leading to price discovery.
Reports indicate Trump's administration might establish a strategic reserve prioritizing cryptocurrencies like XRP, Solana, and USDC. This prospect, coupled with significant acquisitions by crypto whales, has magnified XRP's rally. Additionally, an observed 7% boost in trading volume supports this upward momentum.
Although the SEC recently filed an appeal against Ripple, it is seen as favorable because the agency did not challenge Judge Torres' assertion that XRP isn't a security. Analysts anticipate XRP's rally will persist, with projections suggesting a potential rise to as high as $13.
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