Ripple’s XRP Jumps: Reasons Behind Social Media Buzz and ETF Developments

Recent activity surrounding Ripple’s XRP token has spiked, generating considerable interest on social media platforms. This surge in attention stems from several factors, notably the launch of the first XRP-based ETF in the US, spearheaded by Canary Capital. The success of this debut ETF has been noteworthy, attracting significant capital and setting a new record for trading volume, surpassing even Bitwise’s SOL launch.