XRP Surges to $1.40 on Bullish Momentum and Whale Accumulation

XRP has surged to $1.40 in price, its highest level since February, following a significant 38.9% gain over the past week.

The rally is supported by increasing Binance open interest, which has reached $263 million, and substantial whale accumulation of 190 million XRP in one day.

The integration of XRP into BitPay Wallet also boosts its mainstream adoption.

Ripple's support for key upgrades to the XRP Ledger, such as the PermissionDelegationV1_1 amendment, is seen as a major driver behind the recent price action.