Here's the latest XRP news.
- *SEC Chair Calls for Clarity*: SEC Chair Atkins has pledged to end regulatory uncertainty and support crypto innovation, potentially boosting XRP adoption in the US.
- *Ripple vs. SEC*: The lawsuit continues, with a possible settlement or ruling expected to impact XRP's price direction. A joint motion to pause the appeal challenging XRP's programmatic sales ruling has been filed.
- *XRP Futures Launch*: CME Group will launch cash-settled XRP futures contracts on May 19, 2025, pending regulatory approval, which could increase institutional interest.
- *Ripple's Acquisition*: Ripple Labs acquired prime brokerage firm Hidden Road for $1.25 billion, expanding its financial infrastructure services and enhancing XRP integration.
- *Price Predictions*: Analysts predict potential price targets, including $4.40, $12.50, $27, $33-$50 by 2027, and a possible 25% breakout toward $2.74.
- *Market Performance*: XRP is currently trading at $2.17, with a 2.76% decrease in value over the last 24 hours.
Key drivers for XRP's price include.
- *Regulatory Developments*: Settlement or ruling in the Ripple-SEC lawsuit
- *Institutional Interest*: Growing demand for XRP ETFs and futures
- *Macroeconomic Factors*: Fed policy and US-China trade developments
Some notable XRP-related products include
- *21Shares XRP ETP*: Listed on exchanges in Switzerland, Netherlands, and Germany, with current prices ranging from $53.78 to $61.52.
- *Teucrium 2x Long XRP ETF*: Traded at $32.53 with a -1.09% change.
Overall, XRP's price and adoption are influenced by regulatory clarity, institutional interest, and market sentiment.
