Ripple’s price is experiencing renewed vigor, fueled by increasing institutional adoption for global payments. Banks and payment firms are expanding their use of the XRP Ledger, signaling a growing role for the network in cross-border transactions. This momentum is driven in part by Ripple’s SEC case resolution, which has removed legal uncertainty and boosted investor confidence. Recent whale activity also contributed to this price surge, with large holders purchasing 320 million XRP over three days. These significant purchases suggest a reduction in selling pressure and could influence market sentiment among retail traders. 🤝📈. Analysts are drawing parallels to Ethereum’s 2016 breakout as the current price rally gains momentum, highlighting potential for a sustained upward trend.