Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject

The past few days have been remarkable for XRP, the sixth-largest crypto in the world. A massive spike in trading volume and an impressive price rally have rekindled optimistic sentiments in investors of the altcoin.

XRP’s 24-hour trading volume reached a 365-day high of $7.80 billion on 23 September, a figure that hadn’t been witnessed since September 2021.

To add to the excitement, XRP’s price climbed all the way up to $0.5518, riding a bullish wave throughout the month. This marked a 4-month high for the native token of the leading enterprise-facing blockchain solution provider.

A quick look at data from CoinMarketCap indicated a rather consistent trading volume for XRP in the second half of September. A consistency that can only be described as balanced and recurring.

So, what has got investors engaging with XRP lately? Well, most of the rally can be attributed to the controversial SEC v. Ripple lawsuit that seems to be nearing an end. The case, which has been going on since December 2020, is expected to be ruled in the defendant’s favor too.

And, while things have started to look up on the legal side, the corporate side has been growing as well. The partnership with Bitso to roll out a new payment solution in Argentina and a partnership expansion with I-Remit, to name a few.

XRP, at press time, was trading at $0.4751, down by almost 3% over the last 7 days. Market capitalization stood at $23.7 billion, with a 24 hour trading volume of $2.22 billion.

Ripple’s tie-up with Tokyo-Mitsubishi Bank in 2017 was a major milestone. Following the same, it became the