$XRP Bullish, market value exceeds 100 billion, approaching the forefront of mainstream currencies!

Last night, XRP soared wildly, directly reaching $1.76, up 20.3% in 24 hours, and its market value exceeded the $100 billion mark, leaving BNB behind, and now firmly sits on the fifth throne of cryptocurrency market value.

It seems that the old concept of speculating on new and not old has to be changed. The old mainstream currency XRP has proved its strength with practical actions. This year, the price of XRP has soared, setting a new high for the whole year, and it is getting closer and closer to its historical high.

So what makes XRP so popular?

First of all, the legal dispute between XRP and the SEC is finally coming to an end, which is great news. As everyone knows, this lawsuit has been dragging on for several years and has always been a stumbling block to the rise in XRP prices.

Now, with the resignation of the chairman of the SEC, XRP and the SEC have also reached a settlement. Now XRP is free, and the price will naturally go up.

Secondly, the application for XRP ETF is also in progress, which is a big move. Although XRP only accounts for a small part of the ETF, if the ETF is approved, XRP's market dynamics will definitely benefit.

In addition, XRP's market influence is getting bigger and bigger. Its performance has exceeded that of major assets such as Bitcoin, attracting more attention from institutions and investors.

Ripple also has new product plans. They plan to invest in Bitwise Physical XRP ETP, saying that XRP's application in cross-border remittances, institutional DeFi and tokenization has driven increased demand.

In addition, XRP has been included in popular exchanges such as Robinhood, and retail investors can buy and sell XRP more conveniently, so the price will naturally go up.

From the technical chart, XRP has also been advancing all the way, with four consecutive positive days directly tripling, and it is about to break through the $2 mark.

Analysts are optimistic about XRP and think that XRP's potential has not yet been fully realized, and there will definitely be more room for growth in the future.

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