
Jakarta, Pintu News â The cryptocurrency market is buzzing again with a significant increase in the price of Ripple . Today, Ripple (XRP) managed to break through the $2.32 resistance zone with a gain of 2.5%. The main factors driving this rise are the increased chances of Ripple (XRP) ETF approval, a surge in trading activity on the Upbit exchange, and the entry of large funds into the derivatives market. The trading volume and market capitalization of Ripple (XRP) also increased sharply.
The odds of ETF approval for Ripple (XRP) by 2025 have increased by 19%, reaching 90% on Polymarket. This rise comes amid news that the US Securities and Exchange Commission (SEC) is planning to speed up the 19b-4 procedure that normally takes 240 days to just 75 days.
This rule change is expected to speed up the approval process, which increases market activity and gives a boost to the price of Ripple (XRP). This good news has sparked optimism among investors and traders who are now hoping that Ripple (XRP) will be among the next group to get approval. This will not only boost investor confidence but also attract more transactions in the market.
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CapSign CEO Matthew Rosendin recently announced the launch of a new venture equity fund operating on the Sidechain EVM XRPL. The fund contains 4.7 million Ripple shares that were last sold at $125 per share on Lingto, totaling over $580 million in value. The fund is structured using a Delaware Series LLC and smart contracts, enabling token-based governance.
Investors can now vote on share sales and management decisions in real time, adding a layer of transparency and investor participation in fund management. The initiative is expected to attract more institutional investors seeking exposure in crypto assets through more traditional and structured instruments.

Ripple (XRP) trading volume on South Koreaâs Upbit exchange reached $1.94 billion in just one hour, far surpassing the $90 million trading volume on Binance. The rise in open interest in the Ripple (XRP) derivatives market by 9.19% to $5.15 billion indicates an increase in capital going into leveraged positions.
This increase in volume and open interest often supports short-term price momentum. In addition, Ripple (XRP) managed to take back the $2.25 Fibonacci level, which adds to the technical confidence of traders and market analysts. This combination of technical and fundamental factors further strengthens Ripple (XRP)âs position in the cryptocurrency market.
With various positive developments taking place, Ripple (XRP) shows great potential to continue growing in the future. The approaching ETF approval, innovations in Ripple-based financial products, and increased trading activity are some of the factors that support the long-term prospects of Ripple (XRP). Investors and market watchers will continue to watch these developments with great enthusiasm.
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