XRP Trading Volume Surges as SEC Reviews ETF Applications
XRP trading volumes have skyrocketed on U.S. exchanges, fueled by ETF speculation. The digital asset is now responsible for 14% of Coinbase’s trading revenue as the SEC begins its essential 240-day ETF review period.
This growth in trading volume reflects the increasing interest in XRP and highlights how regulatory developments can significantly influence trading behaviors. Investors remain hopeful as this review could potentially pave the way for broader acceptance and legitimacy of XRP in the traditional finance sector.
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