#XRPETF Spot price: 2.17 USD (-3.5% over 24 hours)
Market capitalization: ≈ $128 billion
24-hour volume: ≈ $4.4 billion
Available supply: 58.39 billion XRP (out of a maximum of 100 billion)
💥💥💥 network development:
- end of dispute with SEC
- in March 2025, SEC withdrew its appeal regarding the classification of XRP as a security.
- Ripple agrees to $50 million instead of $125 million
- Business Insider noted a price increase of 13.7% following news of the lawsuit's dismissal
💪💪💪 product expansion:
- Ripple launches stable dollar coin RLUSD (December 2024) to compete with USDT/USDC
- according to company data, Ripple Payments service already serves 90+ markets with a volume of $70 billion.
- XRP market report for Q1 2025 shows a 40% increase in spot volume year-over-year.