$XRP
XRP's recent milestones are undoubtedly creating a buzz in the crypto space. With the launch of XRPH11, the world's first XRP spot ETF in Brazil, it shows significant institutional interest in the asset. This ETF tracks the **Nasdaq XRP Reference Price Index** and allocates 95% of its funds directly to XRP, signaling growing institutional confidence. On top of that, **CME Group's launch of XRP futures** is another sign that XRP is carving a larger presence in the traditional financial markets.
As for XRP challenging Bitcoin and Ethereum, while Bitcoin continues to lead as the store of value and Ethereum holds its ground with smart contracts and DeFi, XRP's focus on fast, low-cost transactions and its partnerships with financial institutions could give it a niche advantage. Its ability to solve real-world payment problems, especially in cross-border payments, is a strong factor that may help drive its adoption even further.
