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XRP Reaches One-Month High Amid ETF Buzz
Ripple’s native cryptocurrency XRP has reached a one-month high as the buzz around its potential inclusion in a new exchange-traded fund (ETF) continues to grow.
According to various sources, including CoinMarketCap, XRP’s price surged by over 10% today, reaching its highest level since December 2024. This unexpected rally comes amid speculation that Ripple’s XRP may be included in the new ETF, which is expected to track a basket of cryptocurrencies.
As a result, investors are becoming increasingly optimistic about XRP’s prospects and have started to pour money into the asset. The current price increase represents a significant turnaround for the cryptocurrency, which had been under pressure due to regulatory concerns and market volatility in recent months.
It is worth noting that Ripple has been working tirelessly to promote its technology and expand its use cases, which may also contribute to the surge in XRP’s value.
The inclusion of XRP in an ETF would be a major milestone for the cryptocurrency, as it could lead to increased institutional investment and exposure.
Source: u.today
