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XRP surges as Ripple launches new stablecoin amid ETF optimism
XRP's price surged 21% over the past week and 13% in the last 24 hours, reaching $2.69, coinciding with the launch of Ripple's RLUSD stablecoin. Analysts predict further growth, with expectations of XRP hitting new highs as regulatory challenges fade and interest in XRP ETFs rises. Ripple's legal chief believes the SEC's appeal will ultimately benefit the crypto industry.
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