#XRP

Over the past 7 days, XRP has seen a significant increase in value. The cryptocurrency started the week at around $$ 1.10 and is currently trading at around $$ 1.45, marking a weekly increase of around 30%. The sharpest increase was seen in the past two days, with daily increases of 15% and 13%.

The increase was mainly driven by a general increase in the cryptocurrency market, as well as positive expectations regarding the use of XRP for fast and efficient international settlements through RippleNet and XRP Ledger technology. However, the cryptocurrency still faces regulatory challenges, such as the SEC action in the US, which could influence its prices in the long term.