XRP has experienced a significant price surge, climbing past $2, which marks its highest levels since 2018. This remarkable increase has pushed XRP's market capitalization to exceed $100 billion. Such a surge is noteworthy considering the cryptocurrency's earlier period of stagnation, largely attributed to Ripple's enduring legal battle with the U.S. Securities and Exchange Commission (SEC).
This positive movement in XRP's price could signify a potential resurgence in its market standing. As Ripple navigates the complexities of its legal challenges, XRP's momentum indicates a renewed investor interest and market confidence.
The speculation around whether XRP could soon achieve an all-time high (ATH) creates anticipation within the crypto community. Observers are keenly watching December as a possible milestone period for XRP, suggesting that newfound bullish momentum might lead to even higher price levels.
