$XRP quote today at $2.40 USD, with an increase of 2.56% in the last 24 hours. The price has fluctuated between $2.33 and $2.42 during the day.

The recent agreement between Ripple and the SEC, which involves a payment of $50 million, has provided regulatory clarity, boosting investor confidence. Additionally, the upcoming launch of XRP futures by CME on May 19 could attract greater institutional interest.

Analysts project that XRP could reach $3 in the short term, supported by a 5% increase in open interest for futures and a trading volume of $4.74 billion.

Will this be the momentum that takes XRP to new highs?