Driven by the overall rise in cryptocurrencies and strong inflows into spot ETFs, XRP surged over 23% in one week, reaching $2.40. Trading volume skyrocketed by 138%, exceeding $8.25 billion, pushing its market capitalization past $140 billion. Analysts believe that the rekindled enthusiasm of the "Ripple Army" and ongoing inflows into XRP-related ETFs are key catalysts. Technical analysis indicates that XRP could break through $4 in the short term.
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Driven by the overall rise in cryptocurrencies and strong inflows into spot ETFs, XRP surged over 23% in one week, reaching $2.40. Trading volume skyrocketed by 138%, exceeding $8.25 billion, pushing its market capitalization past $140 billion. Analysts believe that the rekindled enthusiasm of the "Ripple Army" and ongoing inflows into XRP-related ETFs are key catalysts. Technical analysis indicates that XRP could break through $4 in the short term.