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XRP has jumped above $2.30 as excitement grows ahead of the XRPFi launch, a new decentralized finance platform set to expand the token’s utility.

XRPFi, built by Flare Networks, will go live on Apr. 29. It will introduce smart contract functionality to XRP, finally enabling holders to stake, lend, borrow, and trade within the Flare ecosystem. For years, XRP users were mostly limited to holding or trading their tokens, as XRP’s native ledger doesn’t support smart contracts. This kept XRP mostly out of the booming DeFi space.

Adding more fuel to the rally, ProShares announced it will roll out three XRP futures exchange-traded funds on Apr. 30. These new products, including Ultra XRP, Short XRP, and Ultra Short XRP, will give investors leveraged and inverse ways to bet on XRP’s price moves. This follows a quiet green light from the U.S. Securities and Exchange Commission.

Crypto enthusiast passionate about technologies at the forefront of development. Happy to have same people around me

I've heard from some influencers that this is a worthwhile token, and it may become very fundamental. Thank you for reminding me. 
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