XRP has surged to $2.21 with a 100% increase in daily trading volume to $4.69 billion, driven by whale activity and legal developments.
Two large XRP whale transfers totaling 370 million tokens have sparked speculation of institutional interest and potential price appreciation.
A legislative proposal in New Hampshire suggests adding XRP to the state's digital reserve if its market cap reaches $500 billion by 2026, indicating long-term optimism for the token.
Technical analysts predict price targets for XRP up to $8.50, supported by bullish indicators like higher lows, MACD crossover, and trading above key moving averages.