XRP continues to surge strongly on the night of 22/11/2024

XRP has experienced a strong growth spurt last night, with the price rising more than 8% within the past few hours, reaching a high of over 1.2 USD, which is near the highest price in the past 10 days. This occurs against the backdrop of changes in the regulatory environment in the US, especially after 18 states sued the US Securities and Exchange Commission (SEC), creating positive confidence in the investment community about the future of XRP and other altcoins.

Furthermore, activity on the XRP ledger has also increased significantly, with the number of unique active wallets reaching a recent high, indicating strong interest from investors. Price forecasts from analysts suggest that XRP could reach 3 USD by the end of 2024, with some experts expecting that the price may continue to rise in the near future.

In summary, the combination of fundamental factors and positive market sentiment has contributed to the price increase of XRP on the night of 22/11/2024.