XRP (XRP) 24-hour pump 3.00%

Gate News Bot news, September 9, according to CoinMarketCap data, as of the time of publication, XRP (XRP) is currently priced at $2.96, with a rise of 3.00% in the last 24 hours, reaching a high of $2.99 and a low of $2.75. The 24-hour volume is $6.229 billion. The current market capitalization is approximately $176.227 billion, with an increase of $5.13 billion compared to yesterday.

The XRP Ledger (XRPL) is a decentralized public blockchain led by a global community of businesses and developers, dedicated to solving problems and creating value. The XRPL has proven its reliability over more than a decade of error-free operation, offering simplified development, low transaction costs, high performance, and sustainability. Developers can confidently build projects on the XRPL, advancing the development of key initiatives.

Important news about XRP recently:

1️⃣ Ripple CTO changes profile picture causing PHNIX price surge After Ripple's Chief Technology Officer David Schwartz changed his social media profile picture to the PHNIX NFT, the meme token PHNIX deployed on the XRP Ledger surged nearly 40% in the short term, with volume expanding simultaneously. This move demonstrates the support of Ripple executives for the XRPL ecosystem and may attract more investors' attention to XRP-related projects.

2️⃣ XRP volume rise According to data, the 24-hour volume of XRP has significantly increased on major trading platforms. On the Upbit platform, the XRP/KRW trading pair ranks second in the Korean won trading market. This reflects a rise in demand for XRP and an optimistic sentiment among investors.

3️⃣ Canadian crypto asset manager 3iQ launches XRP ETF After the Japanese Coincheck parent company Monex Group acquired Canadian crypto asset manager 3iQ Digital Holdings, 3iQ launched the XRP ETF on the Toronto Stock Exchange. This move is expected to provide institutional investors with a more convenient channel for XRP investments and expand XRP's market influence.

From a technical perspective, XRP recently broke through the key resistance level of $2.80, showing strong short-term momentum. However, caution is warranted as there is significant selling pressure around $2.99; if it cannot break through effectively, it may face the risk of a pullback.

This message is not intended as investment advice; investors should pay attention to market volatility risks.