XRP, a popular cryptocurrency associated with Ripple Labs, has seen a remarkable surge in one of its most crucial metrics. According to CoinGlass, the trading volume of the coin has soared 342.3% in the last 24 hours.

Grayscale's latest update may have come at a good time for the altcoin.

Ripple Labs, the crypto payments giant, has initiated a massive XRP transfer to an unknown wallet. This mysterious movement of funds has sparked concerns in the community as members speculate about the reason behind the transfer.

Ripple's price demonstrates a willingness to rally higher on both the USDT and BTC pair. Yet, there are still some significant levels the market should overcome.

Solana price rose above $130 on Sept 11, up 13% in 7 days, on bullish tailwinds from news of Grayscale adding XRP to its cryptocurrency trust offerings.

XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.

Ripple moved $85.50 million worth of 150 million XRP tokens this Friday morning for the company's first September sale. The sell-off happens as the XRP price shows signs of a slight recovery month-to-date, creating some opposing selling pressure.

Earlier in August, the XRP community got some positive news when the court ruled that Ripple Labs should pay a $125 million fine to the United States Securities and Exchange Commission (SEC) for selling unregistered securities. However, the regulator has been unhappy with this decision, leading to an appeal of the court's decision.

According to CoinMarketCap data, XRP, the seventh largest cryptocurrency by market cap, is witnessing a 115% surge in trading volumes.

This is how Ripple's legal battles and Grayscale's XRP Trust launch are shaping the future of XRP and the crypto market

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Since last week, Ethereum's price has remained close to the key resistance at $2,400.

Ripple, Coinbase legal heads caught off SEC's crypto blunder.

Top asset manager Grayscale Investments shocked the crypto community when it unveiled its XRP Trust earlier this week. After closing the fund in the wake of the Ripple Labs versus United States Securities and Exchange Commission (SEC) lawsuit, relaunching this product still made it the first of its kind on U.S. markets.

Blair Campbell, a well-known crypto marketing specialist, has ignited excitement in the XRP community by predicting that a U.S.-listed XRP ETF could launch within four to eight months. Campbell's confidence stems from the latest developments with Grayscale Investments, which recently launched its Grayscale XRP Trust.

The recent launch of Grayscale's XRP Trust has added to the positive sentiment surrounding XRP.

After digital asset manager Grayscale announced the launch of an XRP Trust, possibly a strategic step toward the first XRP (XRP) spot exchange-traded fund (ETF) in the United States, artificial intelligence (AI) models have offered XRP targets if an XRP spot ETF truly happens.

Ripple's recent transfer of 150 million XRP, worth around $85 million, to an undisclosed wallet has created significant speculation within the cryptocurrency community. This transaction, completed on September 13, 2024, was tracked by Whale Alert and has stirred discussions due to its scale and timing.

The SEC is in the news again as Ripple's chief legal officer, Stuart Alderoty, took to social media to criticize the agency's inconsistent approach to cryptocurrency regulation. It is not the first time the agency has been criticized in the crypto space.

Ripple CEO Brad Garlinghouse expressed pleasant surprise over Grayscales creation of an XRP Trust, emphasizing that XRPs regulatory clarity in the United States sets the stage for market growth. He anticipates the cryptocurrency space will expand as more assets gain legal recognition.

XRP is today's top gainer from the larger-cap alts after Grayscale's announcement.

The XRP price performance has been the talk of the market since the beginning. More importantly, XRP is among the top 10 cryptocurrencies in the market despite its continuous poor performance amid the Ripple vs SEC lawsuit, which began in 2020.

RP price surges 10% as Grayscale relaunches its XRP Trust, with technical indicators targeting $0.60. The Fed's upcoming rate decision could trigger the bullish outlook.

The latest update from Cheeky Crypto focuses on Ripple's ongoing clash with the SEC and its impact on XRP. Ripple recently won a partial victory when the Court ruled that XRP sales to retail investors are not securities, giving XRP a temporary boost. However, speculation that the SEC may appeal this decision creates pressure on XRP prices.

With a massive surge to create a new bullish engulfing candle, the broader market sentiment for XRP improves overnight. As the XRP price jumps with a major announcement from Grayscale, the altcoin is ready for a breakout rally. Will this breakout rally lead to a new surge above $0.

XRP News: American blockchain payments company Ripple set off waves of speculation on Friday with its massive 150 million XRP transfer. The blockchain firm's massive transfer emerged in tandem with a remarkable 6% upswing in XRP price today.

XRP's sideways drift continues after Monday's 4.35% Surge to $0.5681, what next? Crypto analyst Cryptoinsightuk in his X post has chimed into the XRP movement in the coming days. The market is rejoicing with the legal outcome of the Ripple vs SEC case and expects a breakout within the next few months.

With Bitcoin and Ethereum already dominating the ETF race, investors have been eagerly speculating on which crypto would be next in line for regulatory approval. Everyone thought Solana would be the next big crypto to get an ETF.

As the markets are heading towards the end of the quarter, the volatility is slowly rising and is expected to peak in a short while. As a result, the prices of the top cryptos like Bitcoin & Ethereum could vary by quite a large margin, which may further impact the other cryptos.

Worldcoin (CRYPTO: WLD) and XRP (CRYPTO: XRP) were among the biggest gainers Thursday even as the broader market moved sideways. What happened: WLD, the native currency of the blockchain-based identity verification project, popped more than 9%, emerging as the best-performing cryptocurrency in the last 24 hours.

XRP price rallied above the $0.5550 and $0.560 levels. It is now consolidating gains above $0.550 and might aim for more gains in the near term.

In the world of cryptocurrency, there are few predictions that capture as much attention as the prospect of becoming a millionaire with a relatively small investment. Recent projections by crypto experts suggest that holders of just 10,000 XRP could soon find themselves in that exact position if XRP reaches a three-figure price.

Grayscale unveils XRP Trust, letting investors gain exposure to XRP's price trends without directly buying the token. Could an ETF follow?

In the ever-evolving world of cryptocurrency assets, it is believed that most digital assets possess speculative bubble characteristics, demonstrating uncertainty about the stability of their value. However, a market expert has claimed that XRP's value remains robust and free from the speculative bubble pressures often seen with other cryptocurrencies.

Cryptocurrency prices moved sideways this week even after the United States published encouraging consumer inflation data. Bitcoin was stuck below $60,000 while Ethereum moved slightly below $60,000. The total valuation of all cryptocurrencies remained at $2.04 trillion while the crypto fear and greed index moved to the fear zone of 37.

XRP is again under the spotlight, with a new forecast suggesting the cryptocurrency could skyrocket by a jaw-dropping 42,140%, reaching $227. This bold prediction comes from market analyst Crypto Bull, who cites XRP's historical price patterns and a long-standing symmetrical triangle formation as the basis for his ambitious target.

Grayscale Investments has created a new trust for XRP, allowing accredited investors to gain exposure to the cryptocurrency known for facilitating cross-border transactions. The Grayscale XRP Trust functions like other single-asset crypto investment vehicles, holding only XRP. Grayscale's head of product highlighted the potential of XRP to transform financial infrastructure.

A crypto analyst is mega bullish on the future outlook of the XRP price, predicting a massive price surge to $40 for cryptocurrency. Despite XRP's stagnant price growth over the years, this crypto analyst remains confident in the cryptocurrency's short-term and long-term prospects.

Following the last market downturn, prices have resumed their climb, boosting confidence and sentiment. Ripple (XRP), one of the top altcoins, eyes a breakout, while Kaspa (KAS) charges upward, but a key resistance level has been identified.

Grayscale Investments has launched a US XRP Trust, allowing accredited investors to invest in XRP. The trusts debut is fueling speculation about a forthcoming XRP ETF, which could broaden retail investors access in the near future.

XRP seems positioned for a rally, but persistent bearish trends are hindering its rise.

The Cardano (ADA) blockchain has seen a notable rise in transactions since the early September Chang hard fork. The network growth has contributed to a gain in ADA price as the coin has emerged among the top performers in the last 24 hours.

XRP has continued to puzzle investors with its prolonged consolidation streak despite other cryptocurrencies posting sizeable gains since January.

Global asset management company Grayscale Investment announced on September 12 that it had created and made the Grayscale XRP Trust public. The Grayscale XRP Trust is a closed-end fund that will allow accredited investors to explore and learn more about XRP without dealing with the risks of buying and holding the crypto.

XRP (XRP) price forecasts are becoming more bullish in wake of an announcement by crypto asset manager Grayscale that they will be launching an XRP Trust investment product that could eventually be converted into an XRP ETF.

Ripple CEO Brad Garlinghouse recently took to the X social media platform to react to digital currency asset manager Grayscale launching an XRP trust.

Could XRP skyrocket 500%? Hidden bullish signals and rising derivatives interest suggest a massive breakout.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

One of the world's leading crypto fund managers, Grayscale, on Thursday, announced its plans to launch a closed-end XRP trust in the US, seeking to allow accredited investors to buy shares that track the price of the XRP token. The new Grayscale XRP Trust could potentially lay the ground for an XRP-based exchange-traded fund (ETF) in the United States, subject to the Securities and Exchange Commission (SEC) approval.