XRP targets a rebound to $2 as XRPL transaction volume surges 6000%

AI-assisted source summary · not independently verified. Content standards

XRP held $1.25 after transaction volume on XRPL surged 6000% and approached $50 billion. Analyst Ali Martinez believes this could indicate a market bottom and that XRP may potentially rise toward $2. If it continues to close above $1.56, XRP could move toward $2; losing $1.25 could lead to a decline to $1.10. Over the past six months, XRPL attracted $1.9 billion in net inflows, ranking second in RWA adoption statistics excluding stablecoins.