Ripple’s XRP Surges with Strategic Moves in the Middle East
2025-07-17 11:56:43
Main Idea
Ripple's XRP has experienced a significant price surge due to the upcoming ProShares Ultra XRP ETF and a strategic partnership in Dubai, aimed at enhancing institutional access and global reach.
Key Points
1. XRP's price surged by 62% in 25 days, reaching $3.15, driven by market optimism and upcoming developments.
2. ProShares is launching the first XRP ETF (UXRP) on July 18, 2025, offering double leveraged daily returns to attract short-term investors.
3. The UXRP ETF could potentially elevate XRP's market value closer to $1 trillion, surpassing Ethereum's current valuation.
4. Ripple announced a partnership with Ctrl Alt and the Dubai Land Department to introduce fractional ownership of high-value real estate using the XRP ledger for transparency.
5. Increased holdings of XRP (1–10 million coins) since the Middle East ceasefire indicate growing risk appetite and support for upward price momentum.
Description
XRP coin's price recovers swiftly after the Middle East ceasefire. ProShares launching UXRP ETF to magnify XRP's institutional access. Continue Reading: Ripple’s XRP Surges with Strategic Moves in the Middle East The post Ripple’s XRP Surges with Strategic Moves in the Middle East appeared first on COINTURK NEWS .
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