XRP Surges Near $2.50 Amid Market Optimism

XRP has recently surged, trading near $2.50, as optimism grows following Bitcoin’s all-time high and increased participation from both retail and whale investors. The number of new XRP addresses has hit a four-month high, and wallets holding at least 1 million XRP have reached a record 2,743, indicating strong confidence among large holders. Macroeconomic factors, such as expectations for US interest rate cuts, are fueling risk appetite and supporting gains across the crypto market, including XRP. While some short-term resistance persists around $2.45, continued momentum could drive further upside. Market sentiment remains broadly bullish, though trading volume fluctuations and profit-taking introduce ongoing volatility. Analysts and community members remain divided on ambitious price forecasts, balancing excitement with caution.