XRP has recently surged like a rainbow, successfully breaking through the key resistance level of $2.35, with the target directly aiming at $2.5. The core driving force behind this strong rally is the continued robust inflow of XRP spot ETF funds in the US market, with a single-day trading volume on January 5th reaching a historic high of $72.15 million. Meanwhile, the US Senate Banking Committee plans to review the key "Market Structure Bill" on January 15th. This positive regulatory development has brought unprecedented fundamental benefits to XRP. Market analysis generally believes that the vigorous institutional demand and the clarifying regulatory prospects are jointly pushing XRP to break out of its independent trend, with a mid-term target of $3.