#xrp Growth in This Cycle

Key Driving Factors

ETF on XRP: One of the key drivers is the potential approval of a spot ETF on XRP from Franklin Templeton. The Polymarket platform estimates the probability of its approval at 98%, which generates significant interest from institutional investors.

Institutional Interest and Futures: CME plans to launch XRP futures on May 19, 2025 (conditional approval still required). This strengthens XRP's recognition among major players.

Acquisition of Hidden Road: Ripple intends to acquire the brokerage firm Hidden Road for $1.25 billion. This enhances its position in DeFi and may positively impact XRP's liquidity.