XRP, the token linked to Ripple, has shown significant growth, increasing more than 36% in a week and 13.8% in just 24 hours. This comes amid a broader market rally driven by institutional interest.
Price Increase of XRP
The XRP token has shown a growth of more than 36% in the last week and 13.8% in the last 24 hours, outperforming many major altcoins. This sharp increase has occurred alongside a broader market rally initiated by Ethereum and Solana.
Ripple's Success in Finance
Ripple's increasing presence in global finance, particularly its enhanced partnerships with institutional clients, appears to be fueling this momentum. The XRP Ledger is actively used for tokenizing assets and streamlining cross-border payments. Its stablecoin RLUSD has already surpassed $500 million in market value less than a year after its launch.
Market and ETF Opportunities
The conclusion of Ripple's lengthy legal battles with U.S. regulators has removed a significant hurdle. With both Ripple and the SEC dropping appeals, regulatory uncertainty around XRP has significantly eased, laying the groundwork for further institutional integration. Speculation around a potential XRP ETF is also gaining traction, adding another bullish catalyst.
Now the third-largest crypto by market cap at over $205 billion, XRP is positioning itself as a key player in the next phase of digital finance — one focused on compliance, speed, and utility.
