XRP (XRP) rose 19.12% in the last 24 hours.

Gate News Bot news, on July 18, according to CoinMarketCap, as of the time of writing, XRP (XRP) is currently priced at $3.64, having pumped 19.12% in the last 24 hours, with a high of $3.64 and a low of $2.67. The 24-hour volume reached $20.583 billion. The current market capitalization is approximately $215.71 billion, an increase of $34.624 billion compared to yesterday.

The XRP Ledger (XRPL) is a decentralized public blockchain led by a community of global enterprises and developers, dedicated to solving problems and creating value. The XRPL has proven its reliability with over 10 years of error-free operation, offering simplified development, low transaction costs, high performance, and sustainability. Developers can confidently build projects on the XRPL, advancing the most critical innovations.

Important news about XRP recently:

1️⃣ XRP options trading is coming to Gate Gate will launch XRP-USDT options trading products on July 17, 2025. As one of the mainstream cross-border payment chains globally, XRP features fast transaction speeds, low costs, and strong scalability. The introduction of the new product will provide investors with more trading strategy options and is expected to further enhance the liquidity and market depth of XRP.

2️⃣ Institutional investors' interest in XRP increases The trading volume of XRP futures on the Chicago Mercantile Exchange ( CME ) has significantly risen, approaching 2 billion dollars since its launch. Last Friday, a new record was set with a single-day trading volume of 235 million dollars. The increased participation of institutional investors reflects growing confidence in the long-term development prospects of XRP, providing strong support for the price rise.

3️⃣ ProShares launches XRP leveraged ETF ProShares has launched the ProShares Ultra XRP ETF, aimed at providing investors with double returns on daily XRP gains. The product has started trading on the New York Stock Exchange, offering investors a new avenue to participate in the XRP market. The continuous enrichment of institutional-grade investment tools helps attract more funds into the XRP market.

From a technical perspective, XRP has broken through the important psychological level of 3 dollars. If it can remain stable at this position, it is expected to further target the 3.5 dollar and even 4 dollar regions. In the short term, the price movement of XRP will mainly depend on the participation of institutional investors and the launch of new investment products.

This message does not constitute investment advice, and investors should be aware of market volatility risks.