XRP has experienced a significant price surge, with a 35% gain in the past week and an 8% increase in just 24 hours. This rise is attributed to various factors, including the upcoming launch of Ripple's new stablecoin RLUSD, increased wallet activity, and optimism for regulatory clarity following the departure of the SEC Chair. Ripple CEO Brad Garlinghouse's appearance on "60 Minutes" is also expected to generate positive sentiment. Analysts predict that XRP could reach $2.80 by the end of 2024 and potentially break the $3 mark in Q1 2025 with continued market momentum and positive developments.



Other News from Today