has made headlines again â jumping by over 5.5% in the last 24 hours and leaving most of the crypto market behind. But whatâs behind this sharp move? A powerful mix of positive catalysts is driving this rally.
đ Whatâs Fueling XRPâs Momentum?
One major boost came from Robinhood's recent launch of XRP micro futures, allowing traders more flexible, low-cost ways to bet on XRP's price. These smaller-sized contracts are attracting both new and experienced investors, fueling market activity.
Another key factor: Ripple recently dropped its appeal in the long-running legal case with the SEC, signaling progress toward legal closure. Analysts expect the $XRP SEC to withdraw its appeal too, which would leave Ripple's earlier fine of $125 million as final â potentially ending years of uncertainty that had kept institutional investors cautious.
On top of that, on-chain data shows XRP network activity is soaring. According to analytics from Glassnode, XRP Ledger recorded over 1.1 million active addresses in the last week â a bullish sign that usage and adoption are growing.
đ Latest Update â June 2025
As of this week, Ripple has announced new partnerships with major remittance providers in Asia and the Middle East, expanding the real-world use of $XRP XRP for cross-border payments. These developments are building confidence in XRPâs long-term value.
Meanwhile, the broader crypto market (as tracked by the CoinDesk 20 Index) is up around 1.7%, showing that XRPâs breakout is well above the average.
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