XRP Price Soars 5%, Approaching $2.32 as 21Shares Submits Key Amendment

XRP’s price surged 5% to reach $2.32 within hours after the 21Shares firm submitted a critical amendment for its proposed spot XRP exchange-traded fund (ETF) application. This move triggers a 20-day Securities and Exchange Commission review period, potentially leading to automatic approval by late November if regulators remain silent. The market is anticipating this development as a potential catalyst for significant price movement known as a ‘god candle’ in cryptocurrency trading jargon.