XRP (XRP) 24-hour pump 1.47%

Gate News Bot news, on September 18, according to CoinMarketCap data, as of the time of writing, XRP (XRP) is currently priced at $3.08, rising 1.47% in the last 24 hours, with a high of $3.18 and a low of $2.96, and a 24-hour volume of $6.653 billion. The current market capitalization is approximately $184.387 billion, an increase of $2.668 billion compared to yesterday.

The XRP Ledger (XRPL) is a decentralized public blockchain led by a community of global enterprises and developers, aimed at solving problems and creating value. XRPL has been validated through more than a decade of error-free operation, providing simplified development, low transaction costs, high performance, and sustainability. It has advantages such as public and decentralized nature, simplified development, high performance, low cost, an active community, and reliability. XRPL supports functions like decentralized exchanges, cross-currency payments, payment channels, multi-signature, and tokens, offering developers a rich array of application scenarios.

Important news about XRP recently:

1️⃣ The Chicago Mercantile Exchange will launch XRP futures options.

The Chicago Mercantile Exchange (CME) plans to launch XRP futures options on October 13, 2025. This initiative will provide institutional investors with more XRP-related derivative investment tools, which is expected to enhance XRP's liquidity and market depth, and may attract more professional investors to participate in the XRP market.

2️⃣ The U.S. SEC is advancing a general listing standard for crypto spot ETPs.

The U.S. Securities and Exchange Commission (SEC) is developing a universal listing standard for crypto spot ETPs. If the new regulations are implemented, an XRP ETP that meets the predefined conditions may be approved within 75 days. This policy change is expected to accelerate the issuance process of XRP-related investment products, bringing broader investment channels and more market participants for XRP.

3️⃣ XRP ETF may be launched soon

Industry analysts expect that the 40 Act spot XRP ETF ($XRPR) may go live this Thursday. The launch of the ETF will provide ordinary investors with a more convenient way to invest in XRP, helping to enhance XRP's market recognition and attract more capital inflow.

From a technical perspective, XRP recently broke through the key resistance level of $3.00, indicating strong upward momentum. The current price is fluctuating around $3.08, and if it can maintain above $3.00, it may further challenge the recent high of $3.18. However, investors should still pay attention to the support around $2.96 to guard against potential pullback risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.