Robonomics.network USD Price & Performance (XRTUSD)

XRP has shown a significant recovery, rebounding 28% from $1.90 to $2.42. Analysts believe the potential approval of an XRP ETF could attract $5 billion in inflows, similar to Bitcoin’s ETF impact. Breaking the $2.99 resistance could push XRP toward $3.40, propelling its market cap closer to $200 billion.12

Gold prices crossed the $3,000 mark, reaching a historical high amidst heightened market volatility. Analysts attribute this rally to inflation concerns and safe-haven demand driven by geopolitical and economic instability. However, traders caution that sustaining this level will require breaking through resistance at $2,960.34

The SEC has decided to drop its appeal against Ripple, marking a major regulatory victory for the company. This decision clears uncertainty surrounding XRP’s classification, with Ripple CEO calling it a win for the crypto industry. Analysts suggest this could pave the way for broader institutional adoption of XRP.54