HashKey Exchange, a Hong Kong-based cryptocurrency exchange, has listed XRP for professional investors, triggering bullish sentiment and hinting at potential price gains. The listing follows HashKey Capital’s launch of an XRP Tracker Fund, bridging TradFi with the Web3 ecosystem. This coincides with increased institutional inflows and SEC scrutiny on Ripple, particularly the ongoing litigation. Companies are even exploring XRP as a strategic reserve asset, similar to Bitcoin’s role in some countries’ economies. Amidst this, XRP price has seen a 5% decline over the past 24 hours, but trading volume is surging. Analyst Crypto Tony predicts a rally to $2.57 based on positive indicators. Popular crypto analyst Ali Martinez highlights a golden cross between the MVRV ratio and its 200-day SMA as another bullish sign. The Coin Republic reports on this development.