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XRP Rises 3.5% After Ripple’s 2026 Vision Unveiled
XRP has rebounded from a monthly low of $2.09 to $2.29, increasing by 3.5% within 24 hours following Ripple's Swell 2025 conference.
- Ripple CEO Brad Garlinghouse discussed the company's future, emphasizing crypto infrastructure and global regulations.
- Ripple completed a $500 million funding round, valuing the company at $40 billion.
- The firm announced new products such as a prime brokerage service to improve crypto liquidity and institutional access.
- Garlinghouse supports the Crypto Market Structure Bill and Clarity Act for clearer digital asset oversight.
- Focus remains on consolidation rather than acquisitions in 2026, with no plans to launch a crypto exchange.
XRP Ecosystem Developments
- XRP remains central to Ripple's ecosystem, with increased focus on trust, utility, and liquidity.
- Institutional interest is expected to rise significantly with potential approval of a spot XRP ETF.
- Further price increases are anticipated, although traders should watch a possible sell wall at $2.55.
Overall sentiment around XRP remains positive, with analysts predicting further gains before year-end.