The price of XRP on May 17 is $2.388, and on May 16 it was $2.378. On the Binance platform, the current price is $2.352256.

This means that XRP has significantly strengthened compared to previous periods. For example, at the beginning of May 2025, the price was around $2.19, and in April it was around $2.08. Thus, a steady upward trend is observed.

The price increase of XRP is due to several factors:

Regulatory successes: Ripple has achieved significant successes in legal disputes with the SEC, which has increased investor confidence.

Expectations for the launch of an ETF: Speculation around the possible approval of an ETF based on XRP is fueling interest in the asset.

Technical breakthroughs: Overcoming key resistance levels, such as $2.40, contributes to further price growth.

However, it is worth noting that the current price is below the historical maximum of XRP, set in January 2018 at $3.84. Nevertheless, analysts predict further growth, expecting levels of $3.69 in the short term and $17 in the long term.