2024 is pivotal for XRP: In 2024, XRP faces crucial developments with its price currently at 2.41 USD, following a peak of 2.84 USD. Regulatory clarity emerging from the Ripple-SEC situation is driving positive sentiment.
Impact of ETF approval on XRP: Anticipation for an XRP ETF approval could lead to a surge in price, potentially reaching 10 USD. Historical trends show Bitcoin and Ethereum experienced significant gains post ETF approvals.
Support from favorable policies: Trump’s administration has fostered a cryptocurrency-friendly environment, encouraging investor confidence. Moreover, Ripple’s upcoming stablecoin RLUSD aims to solidify XRP’s status as a critical financial asset.
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