XRP News Today, and share this news so that traders can buy at the current discounted price 😍
1. Hidden Road Acquisition by Ripple
Ripple Labs, the company behind XRP, announced plans to acquire the leading brokerage firm Hidden Road for $1.25 billion. This move aims to expand Ripple's influence in the institutional decentralized finance (DeFi) sector. Hidden Road will move its post-trade operations to the XRP Ledger, which is expected to enhance the use of XRP among institutions.
2. Launch of XRP ETF
ETF issuers have launched the first XRP ETF, which is a 2x leveraged fund. Although this launch has generated excitement, the price of XRP has actually declined below $2.00, indicating a shift in market sentiment.
3. XRP Price Prediction by Analysts
Crypto analyst Javon Marks predicts that the price of XRP has the potential to surge up to 44 times its current price. This prediction is based on technical and fundamental analysis that shows significant growth potential for XRP in the future.