Here's the latest XRP news update : - *Current Price*: XRP i
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Updated at: 4 hours ago
{"content":"Here's the latest XRP news update :
- *Current Price*: XRP is trading at $2.24, with a 2.54% increase in the last 24 hours and a market capitalization of $128.89 billion.
- *SEC vs. Ripple Lawsuit*: The SEC vs. Ripple case is nearing its end, with Ripple dropping its cross-appeal and the SEC potentially withdrawing its appeal against Judge Torres' Programmatic Sale of XRP ruling. A closed-door vote by the SEC on July 3 could decide the fate of the lawsuit.
- *XRP ETFs*: XRP ETFs have been launched in Canada, and several applications are pending in the US. This could potentially drive price increases in XRP.
- *Partnerships and Adoption*: Ripple has partnered with abrdn and Japanese banks, expanding institutional adoption. The company has also launched its RLUSD stablecoin, which could boost liquidity within its ecosystem.
- *Price Predictions*: Analysts predict XRP could reach $2.50 by the end of July and $3 by September. Some predictions suggest XRP could reach $4.94 by the end of 2026 and $10.61 by 2027.
- *Market Trends*: XRP has seen significant price movements, with a recent surge attributed to short-term buying pressure and optimism around Ripple's legal progress and ETF-related news.
Some notable XRP-related news includes :
- *Ripple CEO's Confidence*: Ripple CEO Brad Garlinghouse recently got an XRP tattoo, showing his "1000%" confidence in the token's future.
- *XRP Ledger EVM Sidechain*: The XRP Ledger EVM sidechain mainnet is now live, potentially expanding XRP's utility and adoption.
- *Investor Interest*: XRP saw $10.6 million in inflows amid a price dip to $2.18, suggesting continued investor interest.
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