#XRPRealityCheck
Approaching its historical peak with rising expectations for ETF adoption and Ripple's potential acquisition of Circle
The digital currency XRP stabilized this week within a limited trading range, despite the significant increases recorded in the cryptocurrency market led by Bitcoin. The currency closed its trading on Friday, May 23, at $2.4, achieving gains of 50% compared to its lows in April.
Despite this relative stability, data from the prediction platform Polymarket indicate a notable increase in investor confidence regarding XRP's return to its all-time highs. The probability of the currency reaching its previous peak of $3.3517 — recorded in 2018 — rose to 46%, compared to 24% at the beginning of May.
