XRP is witnessing the fastest observed rally since the altcoin boom of January 2018, according to a popular market analysis tool called the relative strength index (RSI). The measure oscillates between 0 and 100, measuring the speed and change of price movement over specific periods, typically 14 days or 12 months.

XRP surges to a 7-year high, surpassing $3 as large holders accumulate $3.8 billion in tokens. Market optimism grows amidst regulatory clarity and expanding adoption.

Ripple (XRP) is experiencing its strongest price uptrend since early 2018 off the backdrop of a recent filing by the US Securities and Exchange Commission (SEC). The financial regulator is seeking to overturn a federal court ruling that stated Ripple tokens were not offered to investors as unregistered securities.