#xrp
💣💣💣 Increasing due to the massive purchase 🛍️ by companies.
XRP rose by 17% in 7 days, reaching $2.69 with a trading volume that increased by 15.94% to $4.74 billion. This rise breaks key resistance levels, driven by institutional interest and regulatory advancements. Key Factors
• ETF Momentum - Several companies submitting applications for XRP spot ETFs, following the prior approval of Bitcoin ETF filings
• Regulatory Clarity - Ripple's $125 million settlement with the SEC removes uncertainty SEC Resolution
• Whale Activity - Large wallets recently accumulated 900 million XRP, now holding a total of 47.32 billion
• RLUSD Growth - Ripple's stablecoin reached a market capitalization of $500 million, enhancing the utility of the ecosystem.
$XRP