XRP has seen an impressive price surge, climbing 33% weekly to settle at 1.47. This substantial growth is driven by heightened interest from institutional investors, particularly following Bitwise’s rebrand of its ETP centered around XRP. Enhanced market dynamics and favorable technical indicators suggest a potential movement towards the significant level of 2. This newfound institutional interest represents a critical turning point for XRP. As more institutional players enter the market, Ripple’s asset could realize its potential for broader acceptance and integration. Traders are actively monitoring XRP’s trajectory as momentum builds around this cryptocurrency. With a firm foundation of support from institutions, XRP’s prospects appear optimistic, positioning it favorably in the ever-changing cryptocurrency landscape.