Altcoins
Is XRP the Next Bitcoin? Ripple Ledger Witnesses Significant Price Surge
XRP reaches new heights, surpassing its previous peak as transaction volumes soar on the Ripple Ledger.
1 min read
XRP has recently surged past its 2018 high, reaching a price of $3.70 as daily transactions on the XRP Ledger increased by 50%, totaling $1.4 billion. This marks a significant breakthrough for the XRP ecosystem, intensifying interest from both institutional and retail traders.
Can XRP achieve a $10 milestone this year? Here’s what we predict:
“We’re witnessing an unprecedented spike in XRPL activity, marking renewed confidence from both the developer ecosystem and institutional players.” – David Schwartz, CTO of Ripple
Key Takeaways
- XRP recently hit $3.70, a notable increase in transaction volume on the XRP Ledger.
- Analysts speculate that XRP may drive towards a $7 to $10 price range in the coming days based on current trends and activities.
