The fifth-largest cryptocurrency, XRP, has seen a surge in trading activity, with trading volumes increasing by 130% and its price reaching highs of $1.949. This has brought XRP closer to breaking the $2 threshold, which hasn't been seen since its bull run in 2018. The spike in trading volumes is across major exchanges, with traders taking advantage of the bullish momentum. The rise in XRP's price has been attributed to favorable regulatory developments, broader market sentiment, and positive news about the impending launch of Ripple Labs' stablecoin. As XRP approaches the $2 mark, many are speculating that this surge could be the start of a long-term upward trend.



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