Ripple’s XRP Surges 25% in Recent Hours – What’s Happening?

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Ripple’s XRP has surged 40% in a few days, including a 25% jump in just a few hours, breaking free from its prolonged stability around $1. This record rally is driven by a combination of renewed enthusiasm following Donald Trump’s crypto-friendly statements and significant announcements from Ripple: a partnership with Cicada and Clearpool to launch institutional lending on the XRP Ledger using the RLUSD stablecoin, alongside a $275 million raise through investment-grade senior bonds to fund Ripple Prime. Spot XRP ETF net inflows reached $13.24 million on August 20, signaling a confirmed return of institutional investors.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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