Will XRP ETF set XRP price for a big rebound?
XRP has experienced a significant price surge over the past week, climbing nearly 90% from its April lows and reaching a new record high of $3.66 on Friday.
At the same time, the U.S. House passed three landmark bills, which collectively address key issues like digital asset taxation, securities classification, and crypto market structure. These developments have cleared significant regulatory hurdles for XRP, lifting longstanding legal ambiguities and opening the door to its inclusion in future spot ETF filings.However, some excitement dimmed when hopes of a regulatory breakthrough failed to materialize.
This lack of resolution weighed slightly on sentiment, contributing to XRP's pullback from its new all-time high of $3.6629 to below $3.50.remains buoyed by bullish momentum. In the last 24 hours, the token rose another 3%, fueled by optimism in the broader crypto market and a large-scale whale transaction.
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