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XRP price rises 8.6% this week as ETF momentum builds

by Catatonic Times
May 3, 2025
in Analysis
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Market cap stands at $130 billion as of 30 April.
XRP Ledger now handles 3,400+ transactions/sec.
Regardless of constructive momentum, financial dangers may cap near-term good points.

XRP has rallied 8.63% over the previous week, buying and selling at $2.22 as of 30 April 2025, in accordance with CoinMarketCap.

The token’s newest market capitalisation stands at $130.09 billion, with 58.44 billion XRP in circulation and $2.89 billion in 24-hour buying and selling quantity.

Whereas XRP is down 3.04% up to now 24 hours, it stays up sharply from its April lows.

The current momentum is basically attributed to optimism surrounding the launch of XRP futures exchange-traded funds (ETFs), regardless of the delay of ProShares Belief’s product to 2025.

Analysts say XRP’s current breakout above its 21-day and 50-day shifting averages—mixed with the tip of a multi-week downtrend—suggests continued energy within the brief time period.

The present focus is whether or not XRP can retest 2025 highs and doubtlessly attain $3.40, though macroeconomic uncertainties stay a limiting issue.

Authorized win and SEC approval drive sentiment

Ripple’s March 2025 authorized victory towards the US Securities and Alternate Fee (SEC) has revived investor confidence.

The ruling cleared the trail for XRP-based futures ETFs, offering institutional traders with new avenues for publicity.

The surge in XRP follows an identical sample seen with Bitcoin’s response to its spot ETF approvals in early 2024.

Market observers imagine XRP may mirror Bitcoin’s post-ETF rally, particularly as investor sentiment continues to enhance.

XRP’s value energy, even amid broader volatility, reinforces its place as a number one altcoin heading into the second half of 2025.

Trump insurance policies and Fed warning weigh on upside

Regardless of constructive momentum, financial dangers may cap near-term good points. President Trump’s expanded tariff programme and renewed commerce disputes have fuelled considerations of cussed inflation.

This, in flip, could maintain the US Federal Reserve in a hawkish stance longer than markets would favor.

These elements improve the chance of risk-off behaviour amongst traders, which may influence high-volatility property like XRP.

Because of this, whereas some merchants have speculated about XRP surging towards $10, this situation seems unlikely except broader market situations shift considerably.

Ripple community and adoption increase

Past value motion, Ripple’s ecosystem continues to develop. The December 2024 launch of the RLUSD stablecoin has enhanced on-chain liquidity and transaction flexibility.

Upgrades to the XRP Ledger have additionally boosted transaction speeds, now able to dealing with greater than 3,400 transactions per second, enhancing its attraction for institutional use.

The Trump administration’s pro-crypto stance—together with the appointment of Paul Atkins as SEC Chair—means that regulatory readability could proceed to enhance.

In March, Trump recognized XRP as a key digital asset that might be included within the US authorities’s digital stockpile initiative.

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