XRP has reached its highest weekly close in six months, trading above $0.64 and beating Circle's USDC in terms of market capitalization. The cryptocurrency has shown strong buying pressure and experts believe the rally may continue. Ripple has also focused on its stablecoin business, recently issuing 350,000 units of RLUSD stablecoin to enhance liquidity and interoperability. However, the upcoming SEC appeal in the Ripple case could impact XRP's price trajectory, although legal analysts expect a prolonged appeal process. Despite this, there is optimism about XRP's future price potential, with some analysts and enthusiasts suggesting it could reach as high as $1,000 if it gains widespread acceptance and is used in a significant portion of global trade volume.



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