RIPPLE NEWS -XRP- High and Positive Impact

• Launch of the First XRP Spot ETF: The most impactful regulatory news was that the first XRP spot ETF (XRPC) was opened for trading thanks to Canary Capital. XRP is the latest token to be wrapped in an exchange-traded fund (ETF) spot, following the introduction of Bitcoin and Ether funds in 2024, and Solana just weeks prior.

• Price Performance: This positive development was reflected in the price. XRP was one of the best-performing assets in the CoinDesk 20, with a rise of 5.1% (Nov 12). Its price showed an increase of 3.10% in 24 hours. Analysts noted that the next logical target for the price of XRP could be $4.50 due to increasing institutional demand and interest from derivative traders.

#XRPPredictions $XRP

XRPUSDT

Perp

1.3777

-1.58%