The XRP rally has continued to gain strength and momentum, with the cryptocurrency breaching $3 for the first time in three years. XRP surged over 16% in a 24-hour period, reaching an intraday high of $3.17. Its market capitalization now stands at $178 billion, solidifying its position as the third largest cryptocurrency after Bitcoin and Ethereum. The rally has been fueled by optimism surrounding changes at the Securities Exchange Commission (SEC) under the new leadership of pro-crypto advocate Paul Atkins. There is speculation that the SEC may drop its appeal in the ongoing lawsuit against Ripple, potentially resulting in a favorable settlement for the company. Additionally, Ripple's ecosystem has experienced growth, including the success of its dollar-pegged stablecoin RLUSD, leading to positive investor sentiment. Whales have also contributed to XRP's upward momentum, accumulating billions of dollars worth of the cryptocurrency. Market analysts anticipate that the rally will continue and that XRP may surpass its previous all-time high of $3.40, with some projecting a potential climb to $10.



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