XRP Surges to Third Position, Igniting Market Excitement

Ripple’s native cryptocurrency, XRP, experienced a notable surge in value, briefly catapulting it to the third position in the cryptocurrency rankings. This jump came amidst heightened investor optimism and speculation fueled by BlackRock’s potential interest in an XRP-focused exchange-traded fund (ETF). While the price of XRP reached $2.63 before settling at $2.46 with a market cap of $144 billion, this marked a 4% daily rise for the digital currency, generating significant buzz in the crypto markets.