$XRP

XRP Currency News dated Saturday, May 10, 2025:

The XRP currency has seen a noticeable increase in its value, trading at a price of $2.40, reflecting a 1.5% increase over the past 24 hours.

The market capitalization of the currency is approximately $140.48 billion, with a daily trading volume of $3.654 billion, indicating increasing interest from investors.

Technical analyses suggest that XRP may be at the beginning of a new upward wave, as some analysts expect the price to reach $6, based on Elliott Wave Theory, which indicates room for further increases.

Large investors (whales) have returned to the market, having accumulated 880 million XRP tokens this month, bolstering the upward momentum of the currency.

The CME Group has also announced the launch of futures contracts for XRP on May 19, which may enhance the legitimacy of the currency and attract more institutional investors.

In light of these developments, XRP appears poised for further increases, especially with improving sentiment in the cryptocurrency market.