According to CoinMeta, XRP has risen by 40% in the past five days, from below $1 to nearly $1.40, achieving the largest weekly increase since the 2024 elections. It rebounded from $0.98, which was the level before the upward trend in 2024, and subsequently the coin reached a historical high of nearly $3.65. Since May, XRP has not been able to approach $1.40 and has lingered at lower levels for most of August. Whales purchased over 300 million tokens within 96 hours before the price increase.