XRP ETF Potential and Ripple’s Stablecoin Launch: A Bullish Catalyst?

• XRP has surged more than 10% in the past 24 hours, reclaiming the $0.6 price level.
• XRP trading volume surged 47%, standing at $3.26 billion.
• In the past week, the altcoin has outperformed almost every digital asset in the top 30.

XRP, the native cryptocurrency of the XRP Ledger, has performed extraordinarily well in the past few days as bulls have taken control of the digital asset’s price trajectory. Notably, the 24-hour trading volume of the altcoin surpassed that of Solana (SOL), with the crypto community expecting a bullish move in the near future.

According to data from CoinMarketCap, the trading volume of XRP stands at $3.26 billion, up 47.27% in the last 24 hours. In contrast, Solana (SOL) trading volume is $2.97 billion, up 17.14% in the same period. SOL is the fifth-largest digital asset with a market cap of $75.3 billion, while XRP is the seventh-largest cryptocurrency with a market cap of $33.79 billion.

At the time of writing, XRP has reclaimed the $0.6 price level and is up by more than 10% in the last 24 hours. In the last seven days, the altcoin has outperformed almost every cryptocurrency in the top 30, rising by more than 37%. Meanwhile, …

The post XRP ETF Potential and Ripple’s Stablecoin Launch: A Bullish Catalyst? appeared first on Coin Edition.