XRP (Ripple) coin ranked second on Binance as the most searched and most traded coin in 6 hours due to the following factors:
Key Factors
1. *Price Increase*: XRP price surged after hitting its highest value in the last two years at $1.77, which increased investor interest ¹.
2. *Whale Activity*: Large transactions by large coin holders (whales) increased market speculation and triggered a price increase ¹.
3. *Legal Developments*: Positive developments in the legal case between Ripple Labs and the US Securities and Exchange Commission (SEC) increased investor confidence ¹ ².
Supporting Factors
1. *Payment Technology*: XRP offers a fast and cheap cross-border payment solution ².
2. *Established Network*: Ripple has been around since 2012 and has a vast network ².
3. *Strategic Partnerships*: Partnerships with leading financial institutions and technology companies ².
Future Projections
1. *Optimistic*: XRP price could reach $5-$10 by 2025 if legal cases go smoothly and adoption increases ².
2. *Moderate*: XRP price could reach $2-$5 by 2025 with stable adoption ².
3. *Pessimistic*: XRP price could fall below $0.50-$1.50 if legal cases do not go smoothly ².