$XRP The price of XRP jumps after SEC approval of XRP futures ETF! Will XRP break through resistance at $2.29 and start a new rally?

XRP is back in the spotlight!

As of April 28, 2025, XRP is trading around $2.27, up more than 4% in the last 24 hours — and momentum may just be starting.

The key driving factor behind today's excitement?

The U.S. Securities and Exchange Commission (SEC) has approved the XRP futures ETF from ProShares, with an official launch scheduled for April 30. This important step is expected to open doors for institutional investors into the XRP market — potentially initiating a new wave of buying pressure.

Why this matters:

Institutional money: Futures ETFs allow major players to easily trade with exposure to XRP, which could mean greater liquidity and volatility.

Positive sentiment: Regulatory approval signals growing confidence in the legal status of XRP — a critically important factor after many years of uncertainty.

Technical picture:

XRP is currently testing resistance around $2.29.