Ripple's XRP (CRYPTO:XRP) has seen a resurgence in price, spiking 13% to over $0.44 as part of a broader market rebound.

Analysts are bullish on XRP's future, with ambitious price targets set at $17 and $9.50, citing increased transaction volumes and growing adoption.

XRP's daily transactions recently exceeded 2.3 million, marking a significant uptick since February 2024, indicative of heightened network activity and potential institutional adoption.

This surge in metrics, coupled with a rise in trading volume to nearly $1.5 billion, positions XRP favorably to attract more investors and potentially trigger further price increases amid optimistic market sentiments.