XRP is expected to surge by 80% to reach $3.40 by June, driven by strong ETF momentum and strategic moves by Ripple. Since November, XRP-focused exchange-traded funds have attracted $1.3 billion, significantly outpacing Bitcoin and Ethereum ETFs. Analysts highlight the robust institutional interest and liquidity demand as key factors supporting this bullish outlook.
Ripple, the company behind XRP, has been actively expanding its influence. In recent months, Ripple raised $500 million from major investors and secured regulatory approvals in the UK. Additionally, Ripple launched Ripple Treasury, a new product offering comprehensive liquidity and risk management solutions, following its $1 billion acquisition of GTreasury.
XRP Price Predicted to Surge 80% by June Amid ETF and Ripple Developments
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