XRP Surges 40%, CEO Sees $3-$4 Target Within 12 Months

XRP has been one of the strongest performers in the crypto market over the past week, surging roughly 40% as increasing activity on the XRP Ledger fuels renewed buying momentum.

Canary Capital CEO Steven McClurg sees further upside for XRP, suggesting it could trade above $3 and potentially reach $4 within the next 12 months.

The recent strength of XRP is linked to growing institutional interest in the XRP Ledger, particularly as lending and yield-generating opportunities expand across its ecosystem.