#XRP reached $2.65 — will it challenge the 2018 record? BTC leaves the $105k level XRP surpasses USDT amid rising number of XRP holders Market sentiment regarding the SEC vs. Ripple case continued to boost demand for XRP.
Optimism about a potential resolution fuels hopes for an XRP-based ETF market and strong institutional demand. Notably, XRP surpassed USDT, becoming the third-largest cryptocurrency.
The breakout of XRP to two-month highs is supported by favorable technical patterns and increasing institutional interest. If the cryptocurrency continues to build this momentum, a move towards the target of $3.00 appears achievable. However, investors should remain cautious regarding potential market corrections and monitor key support levels to assess the sustainability of the current rally.
