XRP (CRYPTO: XRP) has sustained its bullish momentum for the second consecutive day, driven by speculation around an XRP ETF and increasing whale transactions.

Trader Notes: Crypto trader Cold Blooded Shiller described XRP as an "alive monster," predicting its ascent to $4.2 if the rally maintains momentum.

Crypto trader Satoshi Flipper suggested XRP is on the verge of price discovery, indicating the potential for new highs.

Statistics: Santiment data highlighted by crypto chart analyst Ali Martinez shows transactions over $1 million surged to 341 in the last 24 hours.

Coinglass reported XRP futures open interest reached $6 billion (as of Jan. 15), marking an 18% daily increase, the highest since December.

Derivatives trading volume rose 25%, while XRP spot inflows hit $99.3 million, a record high since Dec. 1, 2024.

Community News: David Gokhshtein, founder of Gokhshtein Media, acknowledged the rally, stating XRP holders "deserve" this momentum.

Omni Foundation co-founder Austin King shared insights into Ripple’s broader vision, beyond the anticipated XRP ETF launch in 2025:

• Ripple plans to expand its fast, low-cost payment solutions to attract customers from traditional finance.
• The company has processed over $50 billion in payments and aims to position the XRP Ledger as the hub for tokenizing global financial assets.

Jan. 15 marks the SEC's deadline to file an opening brief in its appeal against Judge Torres' ruling.

Speculation remains over whether the SEC will contest XRP's classification as a security in programmatic sales.

Read Next: 

• XRP Up 16% In 7 Days: Could It Temporarily Flip Ethereum Or Even Bitcoin?

Image: Shutterstock