Ripple has captured significant attention with a remarkable price performance in the cryptocurrency market this month.
The XRP token has maintained its market value above the $1 threshold, bolstered by its considerable market capitalization of $64.601 billion.
This analysis delves into the factors contributing to Ripple's approximately 100% surge over the past week, exploring whether the bullish momentum could propel its value further.
The impressive upward movement raises questions about the sustainability and future trajectory of the token's performance.
