XRP (XRP) down 5.88% in the last 24 hours, currently trading at $2.39.

Gate News Bot Message, November 12th, according to CoinMarketCap data, XRP (XRP) is currently trading at $2.39, down 5.88% in the past 24 hours. The highest price reached $2.58, and the lowest dropped to $2.11. The 24-hour trading volume is $4.447 billion. The current market capitalization is approximately $143.757 billion, a decrease of about $8.98 million from yesterday. Currently, XRP ranks 4th in cryptocurrency market capitalization.

Recent important news about XRP:

1️⃣ Canary submits XRP ETF application
Canary has submitted an 8A application for an XRP ETF to the U.S. Securities and Exchange Commission (SEC), expected to be listed this Thursday. This marks the upcoming entry of XRP ETF products into the U.S. market, potentially attracting more institutional investors and bringing new capital inflows and market attention to XRP.

2️⃣ DTCC lists multiple XRP ETF products
The Depository Trust & Clearing Corporation (DTCC) website has listed 11 XRP ETF products. With the end of the U.S. government shutdown, the approval and listing process for these ETFs may accelerate, providing new investment tools and liquidity for the XRP market.

3️⃣ XRP popularity continues to rise
In the past 24 hours, XRP ranked second in cryptocurrency popularity, only behind Bitcoin. This reflects ongoing investor interest and attention towards XRP, possibly indicating increased trading activity in the future.

From a technical perspective, XRP’s current price oscillates around $2.39, with a short-term support level at $2.11. Fundamentally, the potential listing of ETF products is a positive factor for XRP, but short-term price movements will still be influenced by overall market trends and regulatory developments.

This message is not investment advice. Please be aware of market volatility risks.