🚨 HOT UPDATE – $XRP BREAKING STRONG, INVESTORS ARE FOMOING!
This morning, on May 9, 2025, XRP surged to $2.32, rising over 8% in the past 24 hours, with a trading volume of nearly $4.83 billion.
🔥 Factors driving XRP's rally:
• End of the lawsuit with SEC: Ripple has reached a settlement with the SEC, only having to pay $50 million and being reimbursed $75 million, ending a multi-year lawsuit.
• Strong institutional inflow: In Q1 2025, investment products linked to XRP attracted $37.7 million, bringing the total inflow since the beginning of the year to $214 million.
• Spike in network activity: On May 7, over 824 million XRP were transferred on $XRP Ledger, indicating increasing interest from investors.
📈 Technical analysis:
XRP has surpassed the resistance level of $2.26 and is heading towards the next target of $
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