š *Current Price*: XRP is trading at $2.4167, with a 2.69% increase in the last 24 hours. The market cap stands song at $136.78 billion.
š” *Recent Developments*:
- *Ripple's Middle East Expansion*: Ripple is bringing streamlined international payments to customers across the Middle East, further solidifying its presence in the region.
- *XRP ETF Developments*: Despite rumors, there's no official confirmation on XRP ETFs launching on April 30. However, institutional interest in XRP investment products is growing, with Bitwise, Canary, and 21Shares filing S-1s for XRP ETFs.
- *Ripple's Escrow Unlock*: Ripple recently unlocked 1 billion XRP from its escrow account, sparking discussions about potential sell-offs.
š *Market Trends*:
- *Whale Accumulation*: Over 300,000 addresses now hold at least 10,000 XRP, signaling whale accumulation amid rising geopolitical uncertainty.
- *Trading Volume*: XRP trading volume dropped 32% to $1.44 billion.
