The Ripple Swell 2024 event concluded successfully, bringing together leaders in crypto to discuss XRP and crypto at large.
Although XRP did not experience a significant rally following the event, analysts expect it to surge and reach new local highs this month.
During Ripple Swell, Ripple announced new partners for its upcoming RLUSD stablecoin and discussed compliance, AI and blockchain convergence, stablecoins, and more.
XRP is currently trading at $0.5517, showing a marginal gain of about 1% in the past day, but analysts believe the monthly chart indicates a potential upcoming bull run.