The price of XRP, the native token of the XRP Ledger, has risen by about 1% in the past 24 hours, despite a significant correction that saw it drop over 1.5%. The rise is attributed to a wider cryptocurrency market rally, fueled by bitcoin surpassing $100,000 and renewed interest from investors. XRP is still up over 15.8% in the past week and remains the third-largest digital asset by market capitalization. The surge in the cryptocurrency market is believed to be driven by expectations of a more crypto-friendly regulatory environment under President-elect Donald Trump. The approval of spot bitcoin exchange-traded funds and corporate bitcoin holders doubling down on the cryptocurrency have also contributed to the market's upward momentum. Some speculate that XRP could soon see the launch of a spot ETF offering exposure to it. Several companies have already filed for spot XRP ETFs.



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