XRP has surged to $1.55, nearing its previous all-time high of over $3. Investors anticipate the token could soon surpass Binance Coin (BNB) in market cap, claiming the fifth spot. Ripple’s advancements, including the minting of 10.5 million RLUSD stablecoins, add to the growing optimism around XRP.
XRP’s market cap has risen to $88 billion after a 10% surge. The rally follows significant accumulation, with Binance withdrawals reaching a record 15 billion tokens. Analysts attribute this to strong bullish activity, which has mitigated selling pressure and prevented major pullbacks.
The token’s momentum contrasts with the 2021 cycle when XRP struggled to sustain gains after hitting milestones like $1. This time, consistent accumulation and growing FOMO among investors have set the stage for a more stable rally. Breaking the $2 barrier is seen as a critical step toward reclaiming its $3 all-time high.
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