Crypto
XRP Surges to $1.60 as Binance Reserves Hit Three-Month High
XRP surged by 4% to $1.60 in the past 24 hours, outperforming both Bitcoin and the broader crypto market.
The altcoin's strength was reflected in CoinMarketCap's Altcoin Season Index, which rose 54.55% over the week to a reading of 52.
XRP's daily trading volume increased by 8.57% to $7.67 billion as its price moved above its recent trading range.
Crypto commentator Ash Crypto is optimistic about XRP's prospects, predicting a target price of $10 for the altcoin, although this would require a 525% increase from its current level.