#XRPETFs

Ripple XRP is in the spotlight today as its price rises to a monthly high of $2.36, supported by whale activity, bullish predictions, and increasing buzz about the potential approval of an ETF.

This massive transaction, settled on the Ripple blockchain, incurred a minimal fee of only 0.00001 XRP. Even after a slight pullback, it is still trading strongly at $2.31, retaining most of its gains. Technical indicators suggest that this rally may have just begun.

Adding to the buzz, 29.5 million XRP (worth approximately $68.7 million) was transferred to the wallet, which is one of the largest cryptocurrency exchanges.

This massive transaction, settled on the Ripple blockchain, incurred a minimal fee of only 0.00001 XRP. Large whale movements like this tend to signal a significant market move ahead – either large sales or positioning before further price increases.

Several important factors are driving the rise of Ripple XRP. There is growing hope that an ETF for Ripple futures will be approved soon, and data from Polymarket puts the chances of this happening at 78% by the end of the year.