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XRP Update as of February 12, 2025
Price Movement: XRP’s price fell by 1.50% in the last hour and 1.71% over the past 24 hours, now trading at about $2.40 per XRP.
Market Capitalization: XRP’s market cap is approximately $138.5 billion, with a 24-hour trading volume of roughly $4.89 billion.
Regulatory Developments: The SEC has dropped its lawsuit against Ripple executives, marking a positive turn for XRP’s regulatory outlook.
Institutional Interest: Analysts predict XRP could reach $70 if Bitcoin climbs to $100,000, reflecting rising institutional interest.
Market Volatility: On-chain activity has declined sharply, with payments falling from 1 billion to 100 million, which raises concerns about liquidity and overall market health.
These updates highlight XRP’s dynamic position in the cryptocurrency market.
Recent Developments in XRP Cryptocurrency
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