latest $XRP update in simple terms:

Price Movement

$XRP is currently trading at $3.27, up 8.11% in the past 24 hours. It recently broke past the $3.25 mark, climbing over 30% in the last week as investor confidence in Ripple continues to grow.

ETF Speculation

Talks of an XRP ETF have sparked a $5 billion boost in futures trading. The ProShares XRP ETF has been listed on the DTCC, increasing the chances of approval and possibly pushing the price even higher.

Ripple Developments

Ripple CEO Brad Garlinghouse testified before the U.S. Senate, stressing XRP’s legitimacy and calling for clearer crypto regulations. Meanwhile, Ripple has chosen BNY Mellon to manage its RLUSD stablecoin, a move that could help bring XRP closer to mainstream finance.

Market Trends

XRP's trading volume has jumped by 125%. South Korea has become a major driver of this surge, with XRP leading activity on Upbit and making up 22% of global trading volume.

Analyst Predictions

Some experts believe XRP could hit $4 or even $4.50 soon, thanks to strong technical indicators and growing interest from institutions. Others say $XRP has the potential to outperform even Bitcoin in creating new wealth, due to its solid foundation and increasing adoption.