$XRP
As of May 10, 2025, the price of XRP (Ripple) is approximately $2.40, with a daily fluctuation range between $2.33 and $2.42, indicating a robust upward trend.
Recently, the trading volume of XRP has significantly increased, reaching $4.8 billion within 24 hours, reflecting the market's high interest in this asset. Technical analysis shows that XRP has broken through a key descending wedge resistance level, and if it can maintain this position, the price is expected to challenge the range of $2.80 to $3.66.
On the fundamental side, the rise of XRP is driven by multiple positive news. The U.S. Securities and Exchange Commission (SEC) reached a $50 million settlement agreement with Ripple, ending a years-long legal dispute and providing assurance of XRP's legitimacy. Additionally, Ripple announced a partnership with African fintech company Chipper Cash, and there are rumors of intentions to acquire the stablecoin issuer Circle for $10 billion, showcasing its ambition to expand its global payment network.
Overall, XRP demonstrates strong upward momentum driven by both technical breakthroughs and positive fundamentals. Investors should closely monitor market dynamics, especially technical indicators and policy news, to gauge XRP's future trends.