XRP Price Soars Amidst Spot ETF Rumors: Increased Demand Fuels Market Activity

Rumors surrounding the approval of a spot exchange-traded fund (ETF) for XRP have sparked significant interest in the cryptocurrency, driving both price appreciation and heightened market activity. Analysts believe this development could boost investor confidence and lead to further price increases. The recent surge in trading volumes and rising demand for XRP, as evidenced by data from DeepSeek AI indicating potential inflows of $640 million to $1.5 billion within the first three months following ETF approval, are indicative of a strong market response.