XRP Nears $2 as Ripple Deal Expands Reach to 300M Accounts
XRP jumped almost 3% on Thursday, bringing the cryptocurrency within striking distance of the $2 mark following Ripple’s announcement that a new agreement expands its network reach to roughly 300 million accounts. Traders reacted positively to the adoption news, viewing the expansion as a potential long-term demand catalyst that could support price appreciation if on‑chain usage follows.
While the fresh deal bolsters sentiment, analysts caution that sustaining gains will depend on real-world flows, trading volume and broader market conditions. The $2 level remains a key psychological resistance; a clean break above it could attract momentum buyers, but investors should watch for volatility and regulatory developments that have historically influenced XRP’s price action.