All articles tagged with #xrp price
XRP jumped 52% in four days from a $0.99 cycle low to $1.50, adding about $32 billion to its market cap; four catalysts—a drop in bond yields, Trump's CLARITY Act push, whale accumulation, and a short squeeze—drove the rally. The token faces support around $1.29 into the September 15 cloture vote, but a failed vote or rising yields could pull it back toward $1.20.
The Federal Reserve Bank of America is rumored to be working with Ripple following some comments by Jerome Powell. The Federal Reserve’s upcoming instant payment service, FedNow, will launch in the coming month with several financial institutions onboarded already Ripple partners. While the establishment of FedNow bars the adoption of blockchain-based solutions like Ripple, a potential partnership that drives the adoption of Ripple’s technology aside, would drive XRP above its previous ATH of 3.80.