Whale purchases elevate XRP price: Ripple whales have significantly accumulated 830 million XRP, resulting in a price increase exceeding 10%. This spike suggests strong demand, with XRP currently around 2.51 USD and projected to exceed 5 USD by 2025.
Launch of RLUSD boosts market Optimism: The RLUSD stablecoin launches on December 17, 2024, further enhancing investor enthusiasm. XRP’s robust market presence, alongside ongoing SEC legal developments, positions it well for future gains, with analysts optimistic on price breakthroughs.