XRP Rallies 10% In 24 Hours: What Is Going On?

XRP (CRYPTO: XRP) is back in the spotlight after the Securities and Exchange Commission acknowledged Grayscale and NYSE Arca’s spot XRP ETF filing, potentially putting XRP on the fast track to Wall Street adoption.

What happened: At the time of writing, XRP is trading at $2.70, up 10% in the last 24 hours.

XRP is outperforming other majors, such as Bitcoin (CRYPTO: BTC) at $96,600 (+0.7%) and Ethereum (CRYPTO: ETH) is at $2,682 (+0.7%).

Read also: Bitcoin, Ethereum, Dogecoin Dip As XRP Holds Steady: Trader Warns Of Potential Drop To $92,000 Without Improvement

Why It Matters: For years, cryptocurrency advocates have been pushing …

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