XRP Price Surges 11% to $2.40 Amid Record Trading Volumes for Ripple-Linked ETFs

The price of XRP has experienced a significant rally, jumping 11% to approach the $2.40 mark. This notable surge coincides with record-high trading activity in Exchange-Traded Funds (ETFs) associated with Ripple. Analysts are linking the increased investor interest and capital inflow directly to the soaring volumes of these financial instruments, which provide traditional market exposure to Ripple's ecosystem. The momentum highlights growing institutional and retail confidence, potentially signaling a new phase of adoption for the XRP token as ETF products gain traction in the broader cryptocurrency market.