Here's what's new with XRP:
Recent Price Updates
- XRP's current price is $2.33, with a 3.29% decrease in the last 24 hours
- The cryptocurrency has shown significant growth, with its market cap reaching $141.21 billion and overtaking Tether's USDT to occupy the third position on CoinMarketCap's market capitalization list
Market Predictions
- Analysts predict XRP could reach $10-$50 if a spot ETF is approved, with some speculating higher targets of $20 or more
- ChatGPT suggests a "moderate" impact on price with a target of $5-$10, while Grok estimates a conservative figure of $5 or $10-$15 in more optimistic scenarios
Recent Developments
- XRP Futures Open Interest has surged by over $1 billion, climbing from $2.42 billion, indicating increased market activity
- Ripple has partnered with Wellgistics Health to integrate XRP for instant, low-cost transactions
- The company has also expanded its role in the Middle East's fintech ecosystem with a new DFSA payment license
Legal Updates
- Ripple and the SEC have faced setbacks in their ongoing lawsuit, with a joint motion to modify case terms being denied by U.S. District Judge Analisa Torres
- XRP was also involved in a lawsuit filed by the Oregon Attorney General against Coinbase, but details are still emerging