๐ฐ XRP Weekly Highlights:
๐ Price Movement
$XRP experienced a slight dip of approximately 4% this week, trading around $2.79, influenced by broader market trends and macroeconomic factors.
๐๏ธ Regulatory Developments
The U.S. House of Representatives introduced the Digital Asset Market Clarity (CLARITY) Act, aiming to establish a formal regulatory framework for digital assets. This move is seen as a step towards clearer regulations for cryptocurrencies like $XRP .
๐ Analyst Predictions
Analysts remain optimistic about XRP's future, with some predicting a potential surge to $12 by Q2 2025, driven by Ripple's global expansion and increasing adoption of its On-Demand Liquidity (ODL) network.