Recently, there's a hot topic in the crypto market worth discussing: XRP is experiencing a strong rally.
The current price has reached around $2.03, with a 24-hour increase of 8%. This upward movement is not without reason—several factors are driving it together.
First is the positive regulatory news. The SEC lawsuit settlement has been finalized, clearing a major concern for this asset. Many market participants are saying this is the clearest policy signal in years. Second, ETF funds continue to flow in, with a total net inflow exceeding $1.24 billion, and the growth of this incremental capital cannot be underestimated. Additionally, the expansion expectations in the cross-border payment sector are targeting the SWIFT market share.
However, institutional opinions are not entirely uniform. Standard Chartered's analysts are bullish, targeting $8. Can this goal be achieved by 2026? Optimists point to these fundamental factors. But caution is also advised regarding potential technical corrections, as the short-term gains have already been significant.
Other cryptocurrencies like BNB and SUI are also active in the market. Overall, participation in this crypto rebound remains quite strong.
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BearMarketBro
· 01-03 07:57
XRP this time is really amazing; the SEC matter has finally settled.
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GateUser-a5fa8bd0
· 01-03 07:50
Wow, $2.03? The SEC settlement is really impressive, finally no need to worry about being cut every day.
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FlatTax
· 01-03 07:30
Has XRP surged past $2? Can Standard Chartered's $8 target really be achieved... However, the SEC lawsuit being settled is indeed a turning point.
Recently, there's a hot topic in the crypto market worth discussing: XRP is experiencing a strong rally.
The current price has reached around $2.03, with a 24-hour increase of 8%. This upward movement is not without reason—several factors are driving it together.
First is the positive regulatory news. The SEC lawsuit settlement has been finalized, clearing a major concern for this asset. Many market participants are saying this is the clearest policy signal in years. Second, ETF funds continue to flow in, with a total net inflow exceeding $1.24 billion, and the growth of this incremental capital cannot be underestimated. Additionally, the expansion expectations in the cross-border payment sector are targeting the SWIFT market share.
However, institutional opinions are not entirely uniform. Standard Chartered's analysts are bullish, targeting $8. Can this goal be achieved by 2026? Optimists point to these fundamental factors. But caution is also advised regarding potential technical corrections, as the short-term gains have already been significant.
Other cryptocurrencies like BNB and SUI are also active in the market. Overall, participation in this crypto rebound remains quite strong.