XRP, the native token of the XRP Ledger, has experienced a notable surge, climbing over 12% within a 24-hour period to reach $2.87, marking its highest price since December 3, 2024. This increase is largely attributed to growing speculation around the potential approval of an XRP exchange-traded fund (ETF), which has drawn significant attention from both retail and institutional investors.

Additionally, data from the analytics platform Santiment indicates a substantial accumulation of XRP tokens by large wallets, specifically those holding between 1 million and 10 million XRP. This trend suggests confidence among major holders in the token's future performance, further fueling its price appreciation.

^{Sponsored Content}

Improve Your Credit in Record Time

Struggling with bad credit? Discover a proven method to boost your score quickly without a credit check. Take control of your financial future today! Click Here to Start Now

Poll Of The Day

Fun Fact Of The Day

XRP was designed for fast and cost-effective cross-border transactions, with the ability to settle transactions in just 3-5 seconds.