Bitcoin and altcoins have seen limited recovery over the past two days. At this point, Bitcoin has surpassed $97,000, while altcoins have also experienced slight increases. However, XRP has performed positively in the market, rising 12.8% in 24 hours, standing out. When considering the reasons behind this, Santiment indicated that the accumulation by whales and speculation around ETFs are the reasons for XRP's rise. Cryptocurrency analysis firm Santiment believes that the recent price increase of XRP in the cryptocurrency market is uncertain due to several factors, with the most significant being the substantial accumulation by wallets holding 1-10 million XRP. "XRP investors are very pleased to see the third-largest cryptocurrency XRP reach $2.69 for the first time since December 17, 2024. This growth is supported by the huge accumulation of holders with 1-10 million XRP. Compared to two months ago, the proportion of these holders has increased by over 37%, and since holding began on November 12, 2024, XRP has increased by about $3.8 billion. In addition to Santiment, Sean Dawson, the research director at the chain protocol Derive, also commented on the surge in XRP's price. Dawson stated that expectations for the launch of the XRP ETF by 2025 have increased, and this expectation supports this growth. Dawson also mentioned that this growth is also fueled by the increasing expectations that the legal battle between XRP and the SEC could favor Ripple. As expectations for the approval of the XRP ETF continue to rise, JPMorgan Chase estimates that the XRP ETF could attract $4-8 billion into the market.