Ripple’s XRP experienced a notable surge last week, rallying by 11% to reach a price of $2.82. This upswing followed the news that the Securities and Exchange Commission (SEC) acknowledged the first-ever XRP Exchange-Traded Fund (ETF) applications from Grayscale and the New York Stock Exchange (NYSE). The development sparked interest among investors and raised questions about the future of XRP and other payment tokens amidst ongoing legal challenges facing Ripple.
Source: cryptodaily.co.uk ↗