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XRP has shown a strong bullish performance over the past week, with the price climbing by more than 11% in just 24 hours, reaching $2.78. The cryptocurrency's trading volume has surged significantly, hitting nearly $9 billion, indicating heightened market activity and investor interest.
Pseudonymous XRP Ledger community enthusiast who goes by @Vet_X0 on X, founder of XRPL-based NFT marketplace and operator of a dUNL validating node, expressed his deep concerns about the possibility for XRP to end up being injected into "custodial DeFi."
The price of XRP has climbed from a low of $2.385 to $2.83 in the last seven days. This rebound move of XRP was partly triggered by the acknowledgment of its exchange-traded fund (ETF) filing.
In the past few months, the XRP price has displayed huge bullish momentum after breaking out of the prolonged consolidation. In the times when the token was speculated to be dead, it underwent a 500% jump followed by a 30% correction.
Ripple has unveiled a major redesign of its website, but one glaring omission has sparked a reaction within the XRP community: no mention of Central Bank Digital Currencies (CBDCs).
XRP soars 17.8% amid ETF speculation and whale transactions. Will a breakout above $2.97 push it toward $5? The post Could XRP Price Be Soaring to $5? Up 17.8% This Week appeared first on Cryptonews.
The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale's filing for an XRP exchange-traded fund (ETF), a significant development for the cryptocurrency market. This marks a pivotal moment for XRP, especially as it is still in the midst of its ongoing legal battle with the SEC.
XRP, the third largest cryptocurrency by market capitalization, has risen more than 17% since the past week due to positive developments surrounding potential crypto exchange-traded funds (ETF).
The U.S. Securities and Exchange Commission has acknowledged and is also set to review more crypto ETF proposals, this time, it's for Ripple's controversial crypto, XRP.
XRP is yet again on the rise with rumors of XRP ETF to IPO hitting to US crypto reserve, 2025 seems to be the XRP year. With positive vibes all the way, XRP has seen an impressive 8% rally, coming very close to the $3 mark as investor enthusiasm rises.
It's very possible for cryptocurrencies to spend a bit too much time in the spotlight, leaving latecomers to crypto investing to take heavy losses, when having a bit of foresight would have spared them a lot of pain.
After the successful launch of the dollar-pegged RLUSD stablecoin at the start of December, Ripple has been regularly minting millions or at least hundreds of thousands of RLUSD pretty regularly.
The story of Ripple (XRP) is one of a regulatory battle that has kept the entire crypto industry on edge. After years of tug-of-war with the Securities and Exchange Commission (SEC), an unexpected change has just shaken the market: the U.S. regulator has officially acknowledged the requests for XRP and Dogecoin ETFs filed by Grayscale.
A new project with strong fundamentals has emerged in the crypto arena, looking to rival renowned players like Cardano (ADA) and Ripple (XRP). While the XRP price is facing resistance at key levels and ADA is consolidating after the recent runup, DTX Exchange (DTX) has outpaced peers with 650% gains in the last two months.
A lighthearted tweet about Kansas State University's financial situation has spurred new conversations on XRP's aspirational pricing goals. Known in sporting circles as “Kelly in Vegas,” Kelly Stewart added comedy into the continuous discussion among the crypto community about XRP surpassing $100.
Back in 2020, the U.S. Securities and Exchange Commission (SEC) sued Ripple, alleging that the company broke securities laws when it sold its XRP (XRP 1.71%) cryptocurrency to investors. The case was partially resolved in August 2024, but it isn't officially over yet.
As XRP targets reclaiming the $3 spot, the asset's current trading pattern resembles a historical movement that points to a potential upside of about 350%.
The crypto sector is used to forecasts and bets on the future. But when a probability rises to 81%, it stops being mere speculation and becomes a credible scenario.
XRP price has continued to stay on the investors' radar since yesterday, as evidenced by the recent surge in its price. During writing, Ripple's native asset was up about 8% after consolidating between the $2.3 and $2.5 range over the past few weeks.
XRP's market capitalization soared above $160 billion, thus solidifying the asset as the third-biggest in the entire crypto market.
The XRP price has displayed a strong bullish recovery this week by adding over 20% to its valuation.
DeFi giant XRP price has successfully caught the tailwinds after the SEC signaled that it may be dropping the Ripple lawsuit. This has pumped the Ripple price by more than 12% in the last 24 hours.
Ripple's CEO, Brad Garlinghouse, has responded to the SEC's decision to entertain Grayscale's request to turn XRP into an ETF, calling it an "inevitable" step despite prior skepticism.
The crypto market today has been trading mostly sideways, with a modest change in numbers. The total market capitalization ticked up by 1.22% to $3.25 trillion. Meanwhile, the trading volume also rose slightly by 4.61% to $107.47 billion.
