The Ripple token, XRP, has seen an impressive surge in its price, climbing 32.32% within 24 hours. This significant increase has resulted in a trading volume of $28.15 billion.
XRP's remarkable rise has led it to surpass both Tether and Solana in market value, making it the third most valuable cryptocurrency.
Technical indicators suggest that XRP is experiencing sustained bullish momentum, indicating the potential for a higher price target within the year.
Over the past month, XRP has achieved a massive increase of 378.98%, reflecting substantial investor interest and confidence in Ripple Labs' native token.