Below is the best news and XRP for predictions for the previous week

The previous week in the encryption industry witnessed major reports surrounding XRP and the bullish currency developments.

Although the price of XRP was slow to respond to these developments, supporters still hope that the future of the symbol is bright and that high prices will appear in the end.

The main XRP development of the Ripple suit

One of the most pivotal XRP events from last week was the agreement between Ripple and SEC to stop their appeals. Both parties now Follow up the terms of acceptable settlement.

It is worth noting that Ripple negotiated with reduced fines from SEC in addition to lifting its ban on future XRP sales of institutions. While the agency temporarily agreed to this request, the agreement is still subject to a vote from the SEC Commission.

The final approval will end the case that lasted for about five years, and it is a result that many see it is very optimistic for XRP.

The largest Ripple deal ever and what XRP means

In addition to legal developments, XRP also witnessed a major landmark on the partnership front last week. The most important of these things is Ripple’s announcement of the largest acquisition so far: buying Road Hidden Road for $ 1.25 billion.

David Schwartz, chief technology official at Ripple, confirmed that the acquisition will greatly benefit Blockchain from XRP, and the honor of XRP (XRPL), and therefore, the original distinctive symbol, XRP.

Some analysts speculated that this development can allow for Professor XRP book to deal with 1.5 trillion dollars In the size of annual transactions. This high level of capital flow through XRPL is seen as very optimistic about XRP.

Interestingly, XRP fans are the most prominent commentary of the CEO of Ripple Brad Garlinghouse that the deal can help financial institutions such as Blackrock to enter the encryption space more easily. His mention of Blackrock sparked speculation about a possible partnership.

Xrp etf for the first time

In addition, and Xrp etf appeared for the first time In the United States market last week with great momentum. It is worth noting that this was XXRP, ETF 2X to take advantage of Teucrium. On the first day of trading, a huge rotational rate of $ 5.4 million, even in a largely declining market. This number was four times higher than this number of Solana ETF on its first day.

The impressive ETF launch has attracted this attention at the level of industry, as many explain that it is an additional confirmation that the demand for XRP products in the United States has been estimated. Commentators such as John Deaton used this moment to suggest this The XRP value may rise in the value To become the second largest encrypted currency after bitcoin.

Predicting bold prices from a multinational bank

Also last week, the XRP community welcomed bold price expectations from Standard Charted, a multinational bank. It is worth noting that the bank expected XRP can reach 5.50 dollars in 2025, which represents a new height at all. Looking forward, the bank expects that XRP could exceed $ 12 by 2028.