#2024WithBinance The rapid increase in XRP price since December 2, 2024 (over 28% in the last 24 hours) is attributed to several positive factors:

1. Favorable Technical Analysis: XRP has made a technical breakout ("bull flag breakout") on its chart, indicating a strong uptrend. The immediate price target is around $2, according to some technical projections【17】【18】.

2. Increase in activity on the XRP Ledger blockchain: The number of active accounts on the network has increased significantly in the past month, reflecting a growing interest in XRP from new users. This activity supports a solid fundamental foundation【17】.

3. Positive market sentiment: Overall, the crypto market is in an uptrend with Bitcoin close to the $100,000 mark, which is boosting the entire crypto ecosystem. XRP directly benefited from this general optimism【18】.

4. Favorable news: Recent partnerships, such as Ripple's collaboration with Archax for a tokenized fund, and the relaunch of a European XRP investment product by Bitwise, have strengthened confidence in the XRP ecosystem【17】【18】.

These factors have helped position XRP as the third largest cryptocurrency by market cap, surpassing Tether and Solana. However, analysts warn that recent low trading volume could suggest a possible short-term correction【17】【18】.