XRP Is Surging Again, Nearing All-Time High: Here's Why

Key Points

1. XRP's price climbed above $3.00, hitting a six-month high, with a 27% increase over the past week.

2. Standard Chartered forecasts XRP could reach $5.50 by the end of the year, citing potential ETF debut, stablecoin adoption, and tokenization trends.

3. XRP and Cardano (ADA) have shown significant gains since the U.S. election, with XRP up 375% and ADA up 163%, while Ethereum and Solana have declined.

4. Ripple CEO Brad Garlinghouse highlighted the firm's collaboration with BNY on stablecoin reserves as a step to build trust in the system.

5. Ethereum-linked funds have seen a 19.5% growth in assets under management over the past 12 weeks, outpacing Bitcoin-linked funds' 9.8% growth.