The XRP price is on a war path today and has already begun to rally. Interestingly, this rally is coming at a time when the rest of the crypto market is seeing a slowdown with spots of losses here and there. So what is driving the XRP price rally? Ripple Seeing Some Positive Upsides A lot of the positive sentiment that has triggered the XRP price rally can be traced back to its parent company, Ripple. Ripple which has had a rally outstanding year continues to seem more upside, especially in the FTX bankruptcy case. Related Reading: Crypto Veterans Team Up With New Proposal To Send LUNC And USTC To $1 In a new development, a court filing showed that Ripple is set to claim around $11 million in the wake of the FTX collapse. The claim is actually being made by Ripple Singapore against Alameda assets. So in the event of a distribution, Ripple will be receiving a payout from FTX. Additionally, Ripple has received support from Kraken, one of the largest crypto exchanges in the ..
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