As of May 28, 2025, XRP is trading at approximately $2.34 USD, reflecting a modest 1.1% increase over the past 24 hours.

This uptick is part of a broader upward trend for XRP, driven by several key developments:

1. Regulatory Clarity: Ripple's settlement with the U.S. Securities and Exchange Commission (SEC) in early May reduced the fine from $125 million to $50 million, effectively resolving the longstanding lawsuit. This resolution has alleviated significant legal uncertainties, bolstering investor confidence.

2. ETF Speculation: Reports suggest that major financial institutions, including BlackRock, have engaged with the SEC regarding potential XRP exchange-traded funds (ETFs). The anticipation of such financial products has spurred market enthusiasm.

3. Technical Indicators: Analysts have observed bullish patterns in XRP's price charts, indicating potential for continued upward momentum.

These factors collectively contribute to the positive sentiment surrounding XRP, suggesting potential for further growth in the near term.