Here's the latest update on XRP:
*Current Price and Market Status*
XRP's current price is $2.28, with a 1.01% increase in the last 24 hours. The cryptocurrency has a market capitalization of $134.24 billion and a 24-hour trading volume of $2.58 billion ¹.
*Recent Developments*
- VivoPower has raised $121 million to launch an XRP reserve, joining the crypto treasury trend.
- Dubai's Land Department has launched a $16 billion real estate tokenization project on the XRP Ledger, potentially increasing demand for XRP.
- The SEC is reviewing the WisdomTree XRP Trust, a proposed spot ETF for XRP, which could impact the market ² ³.
*Price Predictions and Analysis*
Some analysts predict XRP's price could reach $18.00 logarithmically or $5.50 linearly, with possible variations due to low liquidity. Others forecast targets of $11.75 or $12.5 by the end of the year ³.
