$XRP

XRP is bouncing back today after a volatile week, rising more than 8% in the past 24 hours and trading around $2.03. The broader crypto market is also stabilizing, but XRP’s move is stronger than most major altcoins. This recovery comes just as a major catalyst approaches: another XRP ETF launch.

Why XRP’s Price Is Rising Today

The biggest driver behind today’s bounce is renewed optimism around XRP ETFs. Grayscale’s XRP ETF is set to launch on November 24, following an approval for NYSE listing. This mirrors the pattern seen earlier in 2024 when Bitcoin rallied ahead of its own ETF debut.