Thereโs exciting news about XRP! ๐ Recently, there was a large transaction on Binance where over 2.1 million XRP tokens were executed. ๐ฅ Vincent Van Code, a well-known crypto figure, said that this shows the growing interest from institutional investors. ๐
XRP has just crossed the $2 price mark for the first time since 2018, and this has caught the attention of many. ๐ฐ Many institutions have started investing because they feel safer after getting regulatory clarity, especially with the possible changes after Gary Gensler, the SEC chairman, announced that he would step down. โ๏ธ
Since Donald Trumpโs victory in the US presidential election, XRP has seen a surge, and many asset managers are now applying for an XRP ETF. ๐ Ripple, the company behind XRP, is also actively pushing adoption through its blockchain-based solutions, making it a practical tool for cross-border payments. ๐
With all these developments, XRP is becoming increasingly attractive to institutional investors, and this large transaction may be just the beginning of many things to come! ๐ธ$XRP