XRP Breaks Two-Month Highs, Targeting $3 Amidst Breakout Momentum

XRP prices have surged to a two-month high of $2.61 on May 12th, propelled by strong market momentum and investor interest. This rally marks a significant jump for the token, with trading volume surging over 190% in the past 24 hours, indicating increased participation from both retail and institutional investors. The surge puts XRP in third place behind Bitcoin and Tether, based on current market capitalization data.