XRP continues to garner significant attention, with the potential for an exchange-traded fund (ETF) appearing increasingly likely. This momentum is driving XRP towards a target price of $5. Analysts, including CobraVanguard, highlight that the recent breakout from a falling wedge pattern signals a bullish reversal. XRP’s strong performance above previous resistance makes this upward movement particularly notable. Moreover, active XRP addresses have reached record highs in 2023, signaling growing adoption and activity within the XRP ecosystem. Glassnode data shows a surge in active users, signifying heightened demand for XRP, according to crypto pundit Brett. A potential Circle takeover could further boost XRP by enabling institutional investment of billions into its network. These factors collectively point towards an exciting trajectory for XRP.