XRP News: Future of XRP ETFs Uncertain Amid Accumulation by Whales and Industry Developments
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In the ever-evolving world of cryptocurrencies, Exchange-Traded Funds (ETFs) have emerged as a significant catalyst for price movements, much like Bitcoin and Ethereum before them. However, the path to ETF approval has historically been a long and arduous one. This is now the case for XRP, a cryptocurrency known for its speed, cost-effectiveness, and partnerships with the banking sector. Recent developments and significant whale accumulations have added a layer of complexity to the future of XRP ETFs.
XRP ETFs day of Reckoning Still Hangs in the Air Amid New Developments
Exchange-traded funds (ETFs) have become synonymous with price jumps and excitement in the crypto world, similar to Bitcoin and Ethereum. However, the journey to ETF approvals for these coins was arduous and took years to finalize. The process is now repeating itself with XRP, which has built its reputation on speed, cost-effectiveness, and partnerships with the banking industry.
XRP Price Prediction: Whales Accumulate $464M—Eyes Breakout Above $3
On-chain data reveals that XRP whales have acquired approximately $464 million worth of XRP this week. Following an earlier accumulation of over $700 million in March, this signals strong institutional confidence. Despite this buying wave, XRP’s price remains stable around $2.30. market analysts debate whether this consolidation预示着即将突破还是动量暂时停滞。从技术角度看,XRP处于关键位置,50日EMA和200日EMA提供坚实支撑,而RSI有所滑落。
Remittix (RTX) Positioned for a $5 Upsurge in 2025 as Ripple (XRP) Transitions to Bullish Momentum
The crypto market has a reputation for surprising investors with sudden rallies and sharp reversals. Ripple (XRP) has been witnessing a recent bullish reversal, rebounding from strong support and targeting higher levels. At the same time, Remittix (RTX) has generated hype for possibly hitting $5 by 2025 due to its record-breaking presale success and real-world payment solution. XRP has been making higher highs and higher lows over the last several months, charting a path to bullish momentum.
Ripple Accelerates RLUSD Issuance After Dubai License
Ripple has minted 28.2 million Ripple USD (RLUSD) tokens in the past 24 hours, doubling the supply in less than two months. This brings the token’s total market cap to $169 million. RLUSD is currently trading at $0.9994, up 0.1% over the past 24 hours, with a trading volume of $26.9 million, indicating a recent surge in market activity. Ripple also secured a license in Dubai, signaling further expansion.
