XRP climbs towards $ 3: main factors of the rally

XRP is traded near the $ 3 mark after gaining 2.98% in the past 24 hours, supported by a strong upward dynamics on the regulatory, institutional and real benefit.

The token now has a market capitalization of almost $ 175 billion and is therefore in third place in cryptocurrencies. Here are the three most important factors that have driven this latest outbreak:

1. Token of real estate in Dubai increases acceptance in the real world

Ripple's partnership with CTRL Alt to the tokenization of real estate titles in Dubai has awakened the trust of the investors again. This initiative, supported by the government, stipulates that real estate ownership is recorded in XRP Ledger, whereby the entry investments begin with only 2,000 AED (~ $ 545). It is the first time that a land registry in the Middle East runs on a public blockchain. Together with Ripple's Rlusd Stable and the growing presence in the United Arab Emirates, the deal strengthens the application of XRP as a cross-border utility token.

2. Rumors about the second lawsuit fuel legal optimism

According to unconfirmed reports, the SEC could vote behind closed doors during a session scheduled for the 18th July to reject its long -existing lawsuit against Ripple. This development is speculative, but fits the 60 percent 30-day rally of XRP and the growing regulatory clarity under the Trump administration. A formal dismissal would remove one of the largest legal overhangs for the token and possibly trigger a new wave of institutional participation.

3. Record volume at CME futures reflects institutional demand

On July 11th reported The CME Group a nominal volume of $ 235 million for XRP and Micro XRP futures contracts-the highest sum so far in one day. More than 9,100 contracts were traded, which corresponds to over 82 million XRP. The cumulative nominal volume since the introduction has now exceeded $ 1.6 billion, which underlines the growing institutional interest in XRP as a tradable asset.

While XRP consolidates near $ 2.95, a confirmed outbreak over $ 3 could trigger another upward trend if legal clarity and institutional tributaries continue to increase.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.