XRP is approaching its 2018 all-time high price level, with investors pointing to Ripple's recent expansion in Singapore as a key driver behind the current optimistic market sentiment.

The cryptocurrency's surge appears to be fueled by the strategic move, which is seen as a significant step into the thriving Asian financial hub. This expansion has bolstered confidence in XRP's utility and regulatory standing, contributing to the bullish momentum pushing its price toward historic highs.

$XRP