XRP experiences a dramatic 54% surge in trading volume, reaching $1.04 billion, as the cryptocurrency market shows signs of recovery following a massive $225 million liquidation event, with the token’s price climbing 2.29% to $0.512.
Shiba Inu (SHIB) and Ripple (XRP) present compelling investment opportunities through ecosystem expansion and institutional adoption respectively, with both cryptocurrencies positioning themselves for potential ETF launches and increased market presence.
MetaMask’s new XRP Ledger Snap integration enables its 30 million monthly active users to access and manage XRP Ledger assets directly through their MetaMask wallets, marking a significant milestone for XRP adoption and cross-chain functionality.
XRP’s price rallies as speculation mounts over SEC appeal deadlines in the Ripple lawsuit, with a prominent analyst forecasting a potential surge to $1.5 in the short term.
Ripple co-founder Chris Larsen donates $1 million in XRP to Kamala Harris’s presidential campaign, marking a significant moment for crypto in politics.
Despite the SEC’s ongoing legal battle with Ripple, XRP continues to gain adoption among BRICS nations and Japan. The cryptocurrency’s utility as a bridge asset remains attractive to global financial institutions.
Crypto asset manager Bitwise has registered a trust entity in Delaware, signaling potential plans for an XRP-based ETF. Despite this development, XRP’s price remains relatively stable amidst a broader market downturn.
Software developers and crypto enthusiasts speculate on XRP’s future value, with some projecting prices as high as $100,000 or even $1 million, based on potential asset issuance and adoption. However, market realities present significant challenges to these lofty predictions.
Ripple’s XRP token reaches a 7-week high, while Bitcoin consolidates below $66,000. Most altcoins experience minor losses, with Dogecoin among the few showing gains.
Crypto strategist Mikybull compares XRP’s current price action to 2017’s pre-rally pattern, suggesting an imminent explosive breakout. The analysis points to compressed volatility indicators and historical patterns as signs of a potential upward surge.
