XRP Surges 2.26% as Nasdaq Index Inclusion and $200K Web3 Grant Drive Institutional Interest
XRPUSDT is currently trading at $2.2772 on Binance, reflecting a 2.26% 24-hour price increase from an open of $2.2269. The recent price rally is primarily attributed to XRP’s inclusion in the Nasdaq Crypto US Settlement Price Index, signaling increased institutional adoption, and Ripple’s strategic partnership with Web3 Salon to launch a $200,000 grant initiative for Web3 startups in Japan, which has boosted market sentiment. Additional momentum comes from anticipation surrounding the upcoming SEC decision on an XRP spot ETF, scheduled for June 17, and a recent $487 million XRP transfer by Ripple that has drawn significant attention from investors. Over the past 24 hours, XRP has demonstrated strong trading activity and remains one of the top five cryptocurrencies by market capitalization, supported by heightened institutional interest, positive technical patterns, and ongoing developments in the Asian market.
#MarketRebound
BTC has surged past $109K, ETH is trading above $2.7K, and BNB is up more than 4% from this week's low — signaling a strong rebound across major tokens.
💬 How are you positioning in this market? Do you see this as the start of a sustained move, or just a temporary spike?
#NasdaqETFUpdate
Nasdaq has proposed expanding its crypto benchmark index to include $XRP, $SOL, $ADA, and $XLM — potentially allowing the Hashdex ETF to gain broader exposure. The SEC deadline is expected on Nov 2, 2025.
💬 Could this increase altcoin visibility and access for traditional investors? How does this impact your portfolio strategy?
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