XRP on the rise: Is a new all-time high approaching?

XRP is in the spotlight this afternoon! The cryptocurrency has reached a new monthly high of $2.36, driven by the SEC's approval of ProShares' XRP futures ETFs, set to launch on April 30.

This movement has generated a 170% increase in trading volume and significant accumulation by whales, indicating strong institutional demand.

Additionally, Ripple has acquired the brokerage firm Hidden Road for $1.25 billion, integrating the XRP Ledger into its post-trade settlement operations, strengthening its position in the institutional financial market.

With these developments, analysts project that XRP could reach $10 in the coming months, especially if a spot XRP ETF is approved.

Do you think XRP will surpass its all-time high soon? Are you considering investing or are you already part of the movement?

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