$XRP an increase in the yield of XRP (Ripple's token) of more than 90% — a significant event in the crypto market. Such a jump may be triggered by a number of factors, including:
Possible reasons for growth:
Positive news regarding the Ripple vs. SEC case – Any news in favor of Ripple (e.g., recognition of XRP as a non-security) often leads to increased investor interest.
Overall growth of the crypto market – If Bitcoin and other major cryptocurrencies are rising, altcoins like XRP often follow suit.
New partnerships or integrations – Ripple actively collaborates with banks and payment systems. New agreements may increase trust in the token.
Speculative interest – The arrival of large traders and investors, as well as the increase in trading volume, can quickly drive up the price.
Expectations for the launch of new Ripple products – For example, the use of XRP in cross-border payments.
What this means for investors:
Short term: potential continuation of volatility. High returns attract speculators.
Long term: if the fundamental reasons are strong (e.g., a court victory or major partnerships), XRP may establish itself at new levels.