I have seen a lot of positive developments over the last few months.
I do not think anyone can say with certainty what is moving the price, but I would assume that at least part of it relates to the above.
These are all great developments for Ripple. But really none of these developments mean the price should go up. Every single one of these banks/services can buy $100 worth of XRP and have enough to make transactions for months.
Why not? It's like a thriving penny stock handed over to them, for free.
It has all it takes to become a major vehicle itself.