XRP, the fifth largest cryptocurrency by market capitalization, has experienced a surge in trading volumes, reaching over $18 billion in just 24 hours. This increase in activity coincides with significant movements by whales, with 292.7 million XRP transferred across multiple transactions. The movements involve transfers from exchanges or wallets to other wallets. It is speculated that large holders may be preparing for a market shift or accumulating XRP in anticipation of a bullish breakout. XRP's price has increased by 17.2% in the last 24 hours, reaching $1.90, and its market capitalization has surpassed BNB, making it the fifth largest cryptocurrency. There is optimism in the XRP community due to the potential launch of the RLUSD stablecoin, pending approval by the New York Department of Financial Services. Analysts are watching for sustained rally signs, with the $2 price level as a target for potential further gains. Additionally, a new XRP Ledger Standard for account security, called "XLS-86 Firewall," has been proposed.



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