XRP rises after major update of Nasdaq
Source: CoinWorld
Time: 2025-09-09 09:56:22
Ripple (XRP) soared nearly 4% to $2.97 with a market cap of $177 billion after Nasdaq filed a proposal for tokenized stock and exchange-traded products (ETP) trading with the U.S. Securities and Exchange Commission (SEC). The move is seen as an important step towards institutional blockchain applications, sparking speculation that Ripple may benefit from its historical role in settlement and asset tokenization. Community sentiment remains very optimistic, with 88% of CoinMarketCap voters optimistic, while analysts predict that Ripple's potential target price will be between $4 and $250 in bullish situations.