Following a stormy week that erased over $1 trillion in crypto market capitalization, signs of recovery are emerging, with the XRP price leading the 0 Bitcoin struggled to hold the $104,000 mark and Ethereum remained under pressure near $3,400, the XRP price rallied nearly 5% to trade around $2.31, outpacing both 1 Reading: Galaxy Digital Slashes Bitcoin EOY Price Target To $120,000 Analysts attribute this strength to robust fundamentals, including Ripple’s strategic partnership with Mastercard and renewed institutional interest following a $500 million investment 2 Mastercard collaboration marks one of the first instances of a U. S.-regulated bank testing real credit card transactions on a public blockchain through Ripple’s RLUSD 3 move underscores the growing shift from speculative crypto use cases to enterprise-grade payment 4 XRP ETF Speculation Adds Institutional FOMO Momentum also intensified after BlackRock’s Director of Digital Assets, Maxwell Stein, hinted at Ripple’s Swell conference that “trillions are definitely coming on-chain.” The comment reignited speculation around a potential BlackRock XRP ETF, a development that could reshape institutional exposure to the 5 note that such a product would provide regulatory recognition and attract billions in inflows, potentially revving the long-term value growth of the XRP 6 buzz comes as Ripple’s valuation climbs to $40 billion following its latest funding round, led by Fortress Investment Group and Citadel 7 firms, such as Pantera Capital and Galaxy Digital, also joined, backing institutional confidence in Ripple’s blockchain-based payment 8 say that this backing, blended with the growing utility of the network, positions XRP as a frontrunner for the next institutional adoption wave.
XRP's price trends downwards on the daily chart.
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