XRP News: XRPL Hits Milestone with 2.8 Billion Transactions, Enhances Capabilities Amidst Institutional Interest
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The XRP Ledger (XRPL) has reached a significant milestone with over 2.8 billion transactions processed without any security failures, attracting the attention of institutions. Read on to find out more about XRPL’s robust growth, enhanced capabilities, and the factors driving its success.
XRPL Hits 2.8B Transactions with Zero Failures: Institutions Take Notice
The XRP Ledger (XRPL) is experiencing robust growth, driven by institutional interest, decentralized finance (DeFi) expansion, and tokenization. With over 2.8 billion transactions settled and no security failures, XRPL is highlighted as one of the most secure blockchain networks. RippleX is enhancing XRPL’s capabilities with an automated market maker (AMM), tokenized assets, and an Ethereum sidechain. Additionally, Ripple’s new stablecoin, RLUSD, aims to strengthen institutional adoption and liquidity.
XRP Price Prediction For March 25
Ripple’s XRP has gained 6% in the last seven days. However, the price is down by more than 2% on the daily chart and is struggling to break the $2.50 mark. On the positive side, after five weeks of withdrawals, digital asset investment products recorded massive inflows. XRP and BTC led the positive sentiment, bringing in a combined $730 million. Ripple secured the second spot, while Ethereum faced the largest outflows. In addition, Polymarket bettors reached a new high of 87%, betting that the SEC will approve a spot ETF for XRP in 2025. XRP has been moving sideways, experiencing short-term bounces, but a larger bearish divergence remains active on the 3-day chart.
FXGuys ($FXG) Captures Spotlight with Unique PropFi Narrative
FXGuys ($FXG) is driving the shift to PropFi in the crypto market. Top altcoins like Ripple (XRP) and OFFICIAL TRUMP (TRUMP) are struggling to stay relevant. FXGuys has announced a Trader Funding Program that promises up to $500,000 in funding for skilled traders and its Trade2Earn model rewards every trade. The presale token demand has increased, with expectations of a 100x price rise after listing on major crypto exchanges.
XRP Outpaces Solana in Spot Trading Ahead of Future Launch
XRP’s price surged 13% after the SEC dropped its case against Ripple Labs. This shift has led to XRP overtaking Solana in spot trading volume, now regularly grabbing more than 50% of the volume. With the legal battle resolved, the odds of a spot Ripple ETF approval in 2025 have climbed, with prediction markets pricing in an 83% chance of approval by the end of the year.
