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The year 2024 is recorded as an important milestone for XRP in the financial world. As the Ripple $2-SEC battle’s effects continue, Trump’s victory and crypto-friendly policies positively influenced XRP’s price. XRP traded at a seven-year high of $2.84 and is currently hovering around $2.41. Future ETF approvals are believed to support XRP’s price appreciation.
How XRP ETF Approval Can Impact the Cryptocurrency Market?
The anticipated increase in XRP’s price is primarily attributed to a potential spot ETF approval. The market effects of Bitcoin $103,608 and Ethereum
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