Why is XRP price up today?

Date: 2025-04-28

Key takeaways:XRP futures ETF approval fuels bullish momentum ahead of April 30 potential launch.Whales are stacking XRP despite recent sharp corrections.A technical breakout hints at a potential 55% rally toward $3.63.XRP (XRP) rose by nearly 5% to hit an intraday high of $2.36 on April 28, extending a three-week rebound that has lifted its price by over 46%.XRP/USD daily price chart. Source: TradingViewProShares’ XRP futures ETF buzz boosts priceXRP’s price rise today follows a fundamental boost from the potential launch of three XRP-based futures exchange-traded funds (ETFs) by ProShares.The ETFs—ProShares XRP Strategy ETF, ProShares Short XRP Strategy ETF, and ProShares XRP Blend Strategy ETF—will likely go live on April 30, offering in...

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