As of April 27, 2025, $XRP shows steady growth, trading around $2.20, driven by a number of positive news and events.

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📈 Key events influencing the growth of XRP

• Launch of ETF by ProShares Trust: The U.S. Securities and Exchange Commission (SEC) approved the launch of three ETFs focused on XRP, including ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. They are expected to start trading on April 30, 2025, providing investors with new tools to participate in the XRP market. 

• XRP futures from CME Group: The world’s largest derivatives exchange, CME Group, announced the launch of cash-settled futures contracts on XRP on May 19, 2025, indicating growing institutional interest in this asset. 

• Acquisition of Hidden Road: Ripple acquired the brokerage firm Hidden Road for $1.25 billion, which may significantly increase transaction volumes on the XRP Ledger (XRPL). Analysts suggest that if XRPL processes at least 30% of Hidden Road's volume, it could have a substantial impact on the price of XRP.

$XRP