Ripple’s XRP has experienced a solid resurgence in the past week, with its price jumping by 14% and briefly crossing $0.60. However, it slightly retraced in the past 24 hours to the current $0.585. While XRP is in the green zone on a weekly scale, its gains are much less substantial than those of other leading cryptocurrencies.
Analysts remain optimistic that Ripple’s native token has yet to make the headlines and could experience a significant rally under some important conditions, such as Ethereum (ETH) and Solana (SOL) cooling down.
