Waller's Comments Send XRP Soaring as Traders Eye $2 Target

Recent market data shows XRP rebounding to approximately $1.45 in early September after Federal Reserve Governor Christopher Waller stated he favors maintaining current interest rates rather than immediately raising them further.

This stance alleviated some traders' concerns regarding a potential September rate hike, driving gains in both stock and cryptocurrency markets on Sep. 3.

XRP gained roughly 5% weekly and 37% over the past month, with many traders now watching to see if it can retest the $1.70 level and move closer to $2.00.