As of April 23, 2025, XRP is experiencing notable momentum, trading at $2.29, reflecting a 7% daily gain. Analysts suggest a potential breakout towards $2.70, contingent on sustained bullish sentiment. 

This surge follows the XRP Ledger Foundation’s swift response to a security vulnerability in the xrpl.js library, which had exposed approximately 135,000 users’ private keys. The foundation promptly released a patch, restoring developer confidence and contributing to the price rebound. 

Further bolstering XRP’s outlook, Teucrium has announced plans to launch a 2X Leveraged XRP ETF, citing XRP’s substantial utility and real-world use cases. Additionally, under the new leadership of SEC Chair Paul Atkins, there is a growing optimism for clearer crypto regulations, which could benefit XRP and the broader cryptocurrency market. 

In the current market context, XRP is trading between $2.18 and $2.35. Maintaining support above $2.20 could pave the way for further gains, while a drop below $2.18 might lead to a short-term dip.