Here's the latest news about XRP Coin:
*Current Price and Market Updates*
- XRP is trading at $3.14 with a 4.10% decrease in the last 24 hours
- Market capitalization stands at $189.02 billion, ranking sixth among all cryptocurrencies
- 24-hour trading volume is around $7.6 billion
*Recent Developments*
- *Ripple vs SEC Lawsuit*: The lawsuit has officially ended with Ripple and the SEC filing a joint request to dismiss their appeals. XRP is confirmed not to be a security, clearing regulatory uncertainty
- *XRP ETF*: The odds of an XRP ETF approval have dropped to 62% after the SEC news, but Bloomberg Analyst Eric Balchunas maintains a 95% confidence level
- *Rail Acquisition*: Ripple is acquiring stablecoin platform Rail for $200 million, boosting XRP and RLUSD utility
*Price Predictions and Analysis*
- Analysts predict XRP could reach $11.61 in the current bull cycle or even $26.97 by 2030
- XRP price eyes notable gains despite a slight slip, with attention shifting towards Ethereum
- A key on-chain indicator is flashing a signal that, in the past, preceded 630% and 54% rallies
*Partnerships and Adoption*
- Vivopower secures Ripple equity, expanding its exposure to XRP
- SBI Holdings files applications to launch two new crypto-linked ETFs in Japan, including XRP
- Trident Digital Tech Holdings plans to push for RLUSD adoption across multiple countries in Africa ¹ ² ³$XRP