CandleFocus XRP Skyrockets 280% as Ripple Rides ETF Surge and Regulatory Shifts
2025-02-02
Author: Content Editor
Ripple's latest XRP Markets Report reveals that XRP saw a 280% surge in Q4 2024 due to eased regulations, ETF filings, and crypto-friendly policies under President Donald Trump. The report highlights that regulatory pressures had previously suppressed the cryptocurrency, but the easing of constraints and Trump's executive order promoting crypto innovation led to renewed market enthusiasm. Institutional demand for XRP also strengthened, with major financial firms filing for a spot XRP exchange-traded fund (ETF). The report also discusses ongoing legal battles with the SEC and significant regulatory changes in the US. Globally, the report details regulatory advancements and updates to the XRP Ledger (XRPL), positioning XRP for sustained growth.
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