$XRP $XRP Here's the latest update on XRP:
*Current Price*: $2.41, with a 2.29% increase and a 6.26% surge in the last 24 hours following the SEC settlement news.
*Market Cap*: $136.78 billion.
*Recent News*: The SEC and Ripple Labs have settled their lawsuit, with Ripple agreeing to pay a $50 million penalty. This brings clarity to XRP's regulatory status and could boost market confidence.
*Price Predictions*: Analysts suggest XRP could break through important resistance levels, with potential targets ranging from $3 to $4.85. Some predict a bullish breakout, while others warn of potential price drops to $1.55.
*Trading Volume*: XRP trading volume dropped 32% to $1.44 billion, but whale accumulation has skyrocketed, with over 300,000 addresses holding at least 10,000 XRP.
*Institutional Interest*: There's growing interest in XRP-based exchange-traded products (ETPs), and Ripple's acquisition of Hidden Road for $1.25 billion aims to scale XRPL and support RLUSD growth ¹ ² ³.$XRP