XRP's Meteoric Rise: Is $2 Within Reach?

XRP's market cap has surged to $108.22 billion, reclaiming the fifth spot among cryptocurrencies and marking a 21.08% increase in value to $1.89. This rise is attributed to political changes in the U.S., including speculation about the SEC dropping its lawsuit against Ripple. The bullish sentiment is supported by increased buying pressure and a rise in open interest, suggesting potential for further gains. XRP remains 50.94% below its all-time high, indicating room for growth, with the next resistance level at $2.1.