📈 What’s fueling $XRP surge

✅Today’s spike: XRP is currently trading around $2.79, up ~8% over the past 24 hours, with intraday highs near $2.91.

✅Wider momentum: Over the past week, XRP has surged roughly 27–26%, significantly outpacing most top-tier altcoins .

• Key drivers:

• Bitcoin-led rally: Bitcoin hit $118k+ recently, sparking gains across altcoins—including XRP (+10% alongside BTC and ETH advances).

✅ Macro tailwinds: Expectations of a Fed rate cut and U.S. legislative push (e.g., CLARITY Act, Genius Act, Anti‑CBDC) are igniting crypto optimism.

✅On‑chain buzz: Whale accumulation of XRP and rising open interest in derivatives point to growing institutional interest.

✅ Ripple ecosystem news: Market talk around Ripple’s stablecoin RLUSD and ETF possibilities are adding fuel.

🚦 Context & outlook

-All‑time high: XRP previously peaked near $3.40 in January 2025 .

- Volatility: XRP remains quite volatile, with quarterly realized volatility in the 100–130% range .

Short-term outlook: Continued positive sentiment could push XRP back toward its January highs (~$3.40), though near-term pullbacks are possible given current strength.

✅ Final take

- XRP is in strong uptrend territory — outperforming many large-cap altcoins this week.

- Bullish forces include crypto market momentum, regulatory optimism, and significant on-chain activity.

- Still, caution is warranted given its high volatility and the potential for a near-term correction.

⚠️ Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before investing in cryptocurrencies. Moreover, information given herein might be fictitious. The publisher does not accept any responsibility for any copyright issues or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article.