💥XRP surpasses $2.50 – New momentum from ETF and legal reforms
As of May 13, 2025, XRP is trading around $2.50, up more than 3% in the past 24 hours, with a daily fluctuation range from $2.40 to $2.62.
Factors driving XRP's surge:
Rumors about BlackRock's ETF: Information about the possibility of BlackRock launching an XRP ETF has caused the price of XRP to soar to $2.63, bringing XRP's market capitalization to $151 billion and temporarily surpassing Tether to become the third-largest cryptocurrency.
Legal reforms in the U.S.: SEC Chairman Paul Atkins has committed to ending ambiguous law enforcement actions and developing a reasonable legal framework for the digital asset market. This has created a positive sentiment for XRP, although the price has slightly dropped to the support level of $2.40 after reaching a peak.
Future price predictions: Analysts predict that if XRP maintains its current momentum, the price could reach $3 in the short term and even up to $5 if the positive trend continues.
Short-term trend predictions: With the current positive factors, XRP is likely to continue its upward trend in the short term. However, investors need to closely monitor support and resistance levels to make informed trading decisions.