The price fluctuation of XRP has been accompanied by increased interest in the token, both from new users and the market in general. Santiment data indicates that wallets created with XRP surpassed 6,900 in a single day, representing the most significant growth since March 1.
Additionally, XRP has reached great popularity on social media: more than 5.5% of all conversations related to cryptocurrencies focused on this token.
As a result, XRP has surpassed Tether in market capitalization after reaching $170 billion, becoming the third-largest cryptocurrency. This market value has increased thanks to the greater incorporation of new networks and growing interest from the retail sector.
With the price of XRP trading at a four-month high of $2.97, the altcoin is experiencing renewed confidence from investors. This bullish sentiment coincides with Brandt's prediction of greater upward movement in the coming weeks.