$XRP has been making headlines recently, with its price surging past the $3 mark and reaching $3.05, marking a 6.41% increase in 24 hours. The cryptocurrency's market capitalization has exceeded $180 billion, positioning it above companies like Pinduoduo and Deutsche Telekom in global asset market capitalization rankings.
*Recent Developments:*
- *SEC Postpones Decision on Franklin XRP ETF*: The #US Securities and Exchange Commission (SEC) has delayed its review of the Franklin Templeton spot XRP ETF application, with a new deadline set for November 14, 2025.
- *Institutional Adoption*: #Japanese gaming company Gumi Inc. plans to invest approximately $17 million in XRP to expand its blockchain business.
- *Market Predictions*: Analysts forecast XRP could hit $9.69, driven by ETF approval speculation and key technical breakouts, with expected ETF inflows exceeding $5 billion.¹ ² ³
*Market Performance:*
- *Current Price*: $XRP is trading at $3.11, with a 1.20% increase in the last 24 hours.
- *Market Capitalization*: XRP's market capitalization stands at around $178 billion, solidifying its position as the fourth-largest #cryptocurrency
- *Trading Volume*: XRP's trading volume has reached $6.78 billion across major exchanges.⁴ ⁵
*Technical Analysis:*
- *Resistance Levels*: $XRP faces resistance at $3.30-$3.50, with potential targets at $3.66 and $4.70.
- *Support Levels*: Key support levels include $2.88-$2.89 and $2.70.
