The price of XRP has recently pulled back from a multi-week high of $2.30 to its current value of $2.18. Despite this slight decline, optimism persists as XRP sets its sights on surpassing the $3 mark. This optimism is fueled by the launch of a new spot XRP ETF introduced by Teucrium, which has already accumulated over $40 million in net assets within a month.

With increasing institutional interest and positive sentiment surrounding Ripple’s developments, many investors are eager to see how XRP will perform in the coming weeks. The backdrop of a proactive community and institutional support suggests a promising future ahead!