Farcaster

One of the reasons for the growth of the XRP digital currency is speculations about the launch of the Ripple ETF. In addition, Ripple's listing on the Robin Hood platform and increasing demand from institutional investors indicate an increase in demand for XRP in the US market. Also, the possible dismissal of Gary Gensler, the head of the SEC, has added to the bullish sentiments of this currency. Sentiment data shows that Ripple's open interest rate has crossed the $1 billion mark. If this growth continues, the upward trend in the price of XRP could continue.