XRP's Rollercoaster: Price Surges Amid SEC Speculation and Market Bets

XRP has surged back to the $1 mark after three years, driven by strong fundamentals and market dynamics. However, its potential rise to $2 faces challenges from both internal factors and the competitive memecoin market, which has seen significant gains. While XRP's recent rally is impressive, maintaining momentum will require turning $1 into a support level and overcoming selling pressures and memecoin competition. Investors remain cautious, as the market's volatility could impact XRP's trajectory.