On February 14, 2025, XRP experienced a significant price surge, reaching into the $3 range. According to CoinMarketCap data at 10:00 AM UTC, XRP traded at $3.02, marking a 12% increase from its opening price of $2.69 at 00:00 AM UTC (Source: CoinMarketCap). This surge was accompanied by a notable increase in trading volume, with XRP/BTC trading pair seeing a volume of 1,200,000 BTC traded in the last 24 hours, a 30% increase from the previous day's volume of 923,000 BTC (Source: Binance). Similarly, the XRP/USDT pair on Coinbase recorded a volume of 450 million USDT, up 25% from the prior day's 360 million USDT (Source: Coinbase). On-chain metrics from XRPLedger also indicated heightened activity, with the number of daily transactions reaching 1.3 million, compared to the usual average of 1.1 million (Source: XRPLedger Explorer). Additionally, the number of unique sending addresses increased by 15%, from 30,000 to 34,500, suggesting increased participation in the XRP network (Source: XRPLedger Explorer). This price movement and volume surge coincide with a broader market trend where major cryptocurrencies like Bitcoin and Ethereum also showed gains, with Bitcoin increasing by 4% to $45,000 and Ethereum by 5% to $2,800 over the same period (Source: CoinMarketCap). The Relative Strength Index (RSI) for XRP stood at 72, indicating that the asset might be entering overbought territory, which could signal a potential pullback (Source: TradingView). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, further supporting the upward momentum in XRP's price (Source: TradingView). The Bollinger Bands for XRP widened significantly, with the upper band reaching $3.10 and the lower band at $2.50, reflecting increased volatility (Source: TradingView). The increase in XRP's price and volume can be partially attributed to positive sentiment following recent regulatory clarity on XRP's status, as announced by the SEC on February 12, 2025 (Source: SEC). This event led to a surge in investor confidence and trading activity. The correlation between XRP's performance and major cryptocurrencies like Bitcoin and Ethereum was evident, with XRP's price movement following similar trends in the broader market (Source: CoinMarketCap). The heightened trading activity in XRP also influenced other altcoins, with tokens like Stellar (XLM) and Ripple's partner, Flare (FLR), seeing increases of 8% and 10% respectively (Source: CoinMarketCap). The on-chain metrics further validate the bullish sentiment, with the increased transaction volume and unique addresses indicating strong network activity and potential for further price appreciation (Source: XRPLedger Explorer).