XRP’s sustained surge has pushed the digital asset toward new all-time highs, fueled by intensifying investor engagement and expanding network adoption. The cryptocurrency recently hit a six-month peak amid a self-reinforcing cycle of escalating demand and price appreciation, with traders now targeting key milestones at $3.80 and $4.00.
Currently trading near $3.44, XRP has overtaken Tether (USDT) to secure the position as the third-largest cryptocurrency by market capitalization, valued at approximately $202 billion. The rally is partly accelerated by heightened fear of missing out (FOMO) among new market entrants. However, analysts caution that profit-taking activity could trigger a significant correction, with $3.00 emerging as a critical support level should volatility intensify, potentially leading to consolidation or trend reversal.