Ripple’s XRP cryptocurrency has surged by over 30% in recent weeks and months, reaching highs of $0.74. This is due to several factors, including regulatory uncertainty and investors’ hesitance to invest in it. However, after Trump’s election and potential changes to regulatory guidelines, investor confidence has increased.
Other factors contributing to the surge include Robinhood relisting XRP, the release of the documentary “XRP Unleashed,” and potential collaboration with Cardano. Analysts predict that if XRP maintains this upward momentum, it could reach $3 within the next 6-12 months.