XRP Price Surges to $2.20 Amidst Whale Activity and Speculation of Inclusion in New Hampshire's State Crypto Reserve

XRP is gaining serious traction as its price jumps to $2.20, with daily trading volume soaring 80% to $4.35 billion. This surge comes alongside increased whale activity and fresh talks about XRP potentially joining New Hampshire's strategic digital asset reserve.

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It seems like everyone is talking about XRP today. The price of the token surged to $2.20, and the daily trading volume soared 80% to $4.35 billion.

This comes as there’s been a flurry of activity from crypto whales. Two transactions—70 million XRP and 300 million XRP—were spotted transferring to unknown wallets.

This sparked speculation on social media about what these large-scale movements could mean for the future price of XRP.

But that’s not all. Crypto lawyer Fred Rispoli disclosed that any cryptocurrency reaching a $500 billion market cap by 2026 will be included in New Hampshire’s strategic digital asset reserve, according to HB 302 Bill.

While Bitcoin (BTC) currently holds that status, Rispoli highlighted that XRP has a strong shot if its momentum continues.

With a current market cap of $125 billion, analysts suggest that reaching the $500 billion mark could propel XRP’s price to $8.5—possibly even $10 by 2025.

This comes as crypto analyst Dark Defender is optimistic about further gains in the short term, with a surge to $3 on the way. Afterwards, he sees targets at $4.4 and $6.3 in the mid-term.

The market has seen positive indicators such as higher lows on the hourly chart, a bullish crossover in the MACD, and an RSI of 64.60, signaling continued upward momentum.

XRP is also trading above key Exponential Moving Averages (EMAs), which could be a key driver of the rally’s strength.

In a wild proposal, Black Swan Capitalist throws in the idea of XRP-backed government bonds. This concept would see U.S. debt being issued in XRP, thereby providing fixed returns for investors while also infusing traditional markets with blockchain technology’s efficiency.

If realized, this initiative could significantly boost XRP’s appeal among institutional investors.