The price of XRP has seen a notable increase of 5.5% over the last 24 hours, reaching $2.58 amid a surge in the cryptocurrency market driven by Bitcoin’s new record highs. Over the past week, XRP has climbed an impressive 16% and 23% over the past two weeks. Its year-over-year return has skyrocketed to 480%. This positive momentum is supported by the growing number of XRP wallets, which have now surpassed 7 million, with 840,000 new addresses added in just the last six months. Currently, around 7,000 new wallets are being created each day, indicating strong fundamentals and a positive outlook for XRP in both the medium and long term.
### XRP Price Soars as Adoption Increases – Will XRP Reach $100 Soon?
The demand for XRP is on the rise, and if the cryptocurrency market continues its bull trend, XRP’s on-chain metrics are expected to improve further in the upcoming weeks and months. Recently, XRP has seen significant transactions, including one worth over $100 million. This, along with positive reports from digital asset funds, suggests that larger traders and institutions are increasingly interested in XRP. Technical indicators also point to a strong buy signal, with the RSI above 70 and the MACD turning positive, indicating that there is still room for growth before the rally loses momentum. The longer-term outlook is even more optimistic, with the potential approval of several XRP ETFs possibly propelling the coin even higher. Predictions suggest that XRP could reach $3 by the end of July and possibly close the year at $10 or more.
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“🚀 #XRPWallet growth hits 7.12M! A staggering 840,000+ new addresses added in 6 months. Adoption isn’t just coming; it’s here! 📈💥 #Cryptocurrency #XRP”
