The XRP digital currency has seen a remarkable jump in its price today, rising by more than 10% to surpass the two-dollar level again and reach $2.05 on November 23, 2025, recording daily gains of 7%. This increase came after a brief period of volatility and sideways trading, confirming the return of confidence and enthusiasm among investors.
Technical indicators confirm that the currency has entered a clear upward trajectory, with strong momentum building that paves the way for continued ascent, placing the three-dollar level as a potential target during this week.
Among the key drivers of this rise:
• The digital market is recovering overall, with Bitcoin trading above $86,000 again, and Ethereum surpassing the $2,800 mark.
• Growing institutional interest in XRP, especially with Grayscale launching two new exchange-traded funds on the New York Stock Exchange (GDOG and GXRP) next Monday, providing direct exposure to both Dogecoin and XRP, a historic step that allows U.S. investors to access these assets through traditional markets.
• The open interest in XRP futures contracts has risen by 8.69% to reach $3.55 billion, reflecting new liquidity inflows and increased trader confidence in the ongoing bullish trend.
All these developments come together to create a strong push for XRP towards new levels, amid increasing expectations of breaking the three-dollar barrier soon.
Important note: This information is analytical and news-based only and should not be considered investment or financial advice in any way. Please do your own research and consult professionals before making any investment decisions.
