Recently, the XRP Token market has shown a strong rebound trend, with prices breaking through 3.48 USD, reaching a new high in five years. The weekly rise exceeded 51%, attracting widespread attention in the market.

The strong rise in this wave is supported by multiple favorable factors. Firstly, the passage of the U.S. "GENIUS Act" has significantly weakened the SEC's controversy over the "securitization" of XRP, creating favorable conditions for a settlement between Ripple and the SEC. This legal progress eliminates the uncertainty that has long plagued XRP.

Secondly, the active entry of institutional investors has brought new growth momentum to XRP. Major exchanges such as CME and Coinbase have successively launched XRP futures contracts, while asset management companies like WisdomTree have also submitted applications for XRP spot ETFs. Market rumors suggest that BlackRock may follow suit, and these developments are expected to attract more capital into the XRP market.

On-chain data also corroborates this trend. The holdings of large addresses have increased by 23%, and the daily trading volume once broke through $1.5 billion, indicating that large funds are continuously accumulating XRP.

However, despite the promising outlook, investors should remain cautious. The current RSI indicator has reached 79.5, indicating that the market may be in an overbought condition and could face a risk of a correction in the short term.

Looking ahead, analysts believe that XRP is gradually transforming from a controversial asset to a core hub of digital infrastructure for the dollar. If XRP can firmly establish itself above $3.5, the next target price may challenge the $4 mark.

The sustainability of this round of rise remains to be seen, but XRP has already shown strong momentum driven by the dual forces of an improved regulatory environment and increased institutional investment. Investors should closely follow subsequent market developments and potential adjustment opportunities.