XRP Surges 44% as Altcoin Market Sees Renewed Attention
XRP has seen a significant rally in recent days, gaining approximately 44% in one week and pushing its market value to around $90 billion.
The surge came as capital returned to the altcoin market, with XRP breaking through the $1.20 barrier and briefly reaching above $1.50 before profit-taking pulled it lower.
Despite some volatility, holding above $1.40 would keep the recovery structure intact, with potential targets at $1.70 and $2.
Ripple's ongoing development of payment, custody, and stablecoin infrastructure for financial institutions has provided a solid use case for XRP, while its large community supports renewed attention.