"XRP's Rollercoaster Ride to a New Regulatory Dawn XRPRipple 's native token, is built for fast, low-cost cross-border payments, settling in 3-5 seconds - outpacing traditional SWIFT systems. With over 200 global financial institutions, XRP aims to expand its role in global cross-border payments, a market projected to reach tens of billions of dollars by 2025. Its path, however, faced headwinds from a four-year SEC lawsuit alleging unregistered securities sales."
"The 's ( REX-Osprey XRP ETF (CRYPTO:XRPR) launched that day on the CBOE BZX Exchange - the first U.S. spot XRP product - blending XRP holdings with derivatives and hitting $37.7 million in debut volume. XRP peaked at $3.13 amid hype over CME Group, though, sees 95% odds for full ETF approvals by year-end, despite delays persisting. NASDAQ:CME) October futures options, but is down to $2.99 today on profit-taking and whale sales of 40 million tokens , worth some $119 million."
XRP is designed for fast, low-cost cross-border payments, settling in 3–5 seconds. More than 200 financial institutions use or evaluate XRP for transfers. The token faced a four-year SEC lawsuit alleging unregistered securities sales, after which the SEC approved generic listing standards for spot crypto ETFs on Sept. 18 and dropped its Ripple appeal. The REX‑Osprey XRP ETF launched on the CBOE BZX Exchange and recorded $37.7 million debut volume. Price volatility followed, with a peak near $3.13 and a pullback to $2.99 amid profit-taking and a 40 million token whale sale. Technical indicators show 50‑day moving average support near $2.80. Some forecasts project $3.40–$3.50 by the October ETF deadline and $5.25 by 2030.
Read at 24/7 Wall St.
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