But there are no fundamentals.
Most of the partnerships are scams and those that aren't, like the Santander Bank boil down to a phone app that has entire seventeen reviews, and works slower than IBAN.
On top of that there is a entire bot army scaring people to FOMO and trashing everyone who criticizes Ripple.
So no, there are no fundamentals, the entire XRP is a scam. See references below.
Now when a real company namely IBM entered the space, the scam is going to unravel. Save yourself while you can.
I like to support my statements with research. It is not a conspiracy, just a regular ponzi scheme like Bitconnect. Saw that one coming too. I have warned whomever wants to listen , the rest will pay for their ignorance. With their own money.