Top US Exchanges Excited About XRP, See XRP Flying to the Moon

XRP continues to make waves within the crypto community, and its recent rise has caught the attention of Gemini, a well-known US exchange.
XRP achieved a major milestone yesterday as its price surged nearly 20%, breaking a three-month high. In particular, it briefly reached $0.6366 for the first time since April. This price level marks an increase of more than 60% since the bear trend reversal on July 5.
Notably, XRP has since corrected some of its gains, stabilizing around $0.5823 at the time of writing. However, it remains the best performing cryptocurrency among the top ten assets over the past week.
Prior to this, XRP was a notable laggard in the crypto bull run, with 80 of the top 100 assets outperforming it in Q1 and Q2. As such, XRP’s recent unexpected reversal has caused a notable reaction within the community, making supporters increasingly confident that it will not miss out this bull season.
Gemini is excited about XRP
In a recent post on X, crypto analyst Alex Cobb, who is passionate about XRP, asked community members what they thought of XRP’s comeback. The response was full of bullish comments, though some critics were lukewarm.
Surprisingly, the Gemini exchange responded to the conversation, explicitly expressing its excitement about XRP. The sentiment coming from the U.S. exchange caught enthusiasts off guard.
Gemini is bullish on XRP’s prospects
In an earlier tweet, Gemini celebrated XRP’s impressive 30% growth in seven days, accompanying it with a video depicting XRP “going to the moon.” The exchange also published an enthusiastic message: “Rise and rise, XRP family,” reinforcing the bullish sentiment surrounding the cryptocurrency.
Notably, Gemini first listed XRP in August 2023, following a lawsuit victory that XRP was not a security. The exchange has since continued to be excited about XRP.
Interestingly, Gemini even slammed the SEC and its chairman in the recording announcing the XRP listing.
After listing in August, Gemini organized various promotional activities to increase awareness of XRP. For example, the exchange launched a promotion that allows users to earn XRP rewards when using the Gemini credit card for everyday purchases.
This event was preceded by an event called “The XRP Faucet” which offered users 20 XRP per day for a week.
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