XRP (CRYPTO: XRP) is rallying on the heels of major ETF developments and a social media post from Donald Trump, which sparked rumors about Ripple’s potential involvement in crypto reserves.
What Happened: The SEC has acknowledged Spot XRP ETF filings from CoinShares, CBOE, and BitwiseInvest, while Brazil’s SEC equivalent approved the first-ever spot XRP ETF by Hashdex.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| XRP (CRYPTO: XRP) | $2.66 | $153.9 billion | +5.3% | +9.1% |
| Bitcoin (CRYPTO: BTC) | $96,054.18 | $1.9 trillion | +2.2% | -1% |
| Ethereum (CRYPTO: ETH) | $2,706.53 | $326.4 billion | +3.1% | +1.7% |
Trader Notes: Crypto trader DonAlt remains bullish on XRP, stating he expected a longer consolidation between $2 and $2.60, but the altcoin has outperformed his expectations.