XRP Is Now Up 7% Over The Week, Bolstered By Ripple’s Partnership With Alexander Hamilton-Founded Bank On New Stablecoin Project

XRP (CRYPTO: XRP) recorded impressive gains over the past week, rising by nearly 7%, with Ripple Labs’ partnership with Bank of New York Mellon (NYSE:BK) providing the latest impetus.

What happened: XRP has been one of the most successful large-cap cryptocurrencies in the last seven days, outgaining Bitcoin (CRYPTO: BTC) and Solana (CRYPTO: SOL) and trailing only Ethereum (CRYPTO: ETH). 

On Wednesday, it surged to a 7-week high of $2.40. In a note to Benzinga, Arthur Azizov, founder and investor at B2 Ventures, said that XRP is likely to hit $2.65 if it manages to hold over $2.34.

“Since …

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