XRP experienced a significant price rally today, touching a high of $2.29, following its inclusion in the NASDAQ Crypto US Settlement Price Index (NCIUS). This development has fueled bullish sentiment among traders, with XRP showing a nearly 2.1% increase today and a sustainable climb over the past seven days, breaking a two-month sideways trading period.

XRP's NASDAQ Inclusion Sparks Rally

XRP's recent listing on the NASDAQ Crypto US Settlement Price Index (NCIUS) has been a major catalyst for its price surge. Previously, the index only featured Bitcoin and Ethereum. The addition of XRP, alongside Solana, Cardano (ADA), and Stellar (XLM), signals a growing acceptance of these altcoins within mainstream financial institutions, boosting overall market enthusiasm.

Increased Trading Volume and Strategic Expansion

The price increase for XRP is also attributed to a significant rise in trading volume, which reached the $2.8 billion mark. This surge coincides with the Ripple Foundation's strategic expansion into Asia. The foundation announced $200,000 in grants for Web3 startups in Japan and South Korea, aiming to foster decentralized projects. Ripple's collaboration with Web3 Salon, a blockchain accelerator supported by Japan's JETRO and the Asia Web3 Alliance, further underscores its commitment to forging new partnerships and expanding its global footprint.

Key Takeaways

• XRP's inclusion in the NASDAQ Crypto US Settlement Price Index (NCIUS) has significantly boosted its price and investor confidence.
• The altcoin touched a high of $2.29 today, marking a nearly 2.1% increase.
• Increased trading volume, reaching $2.8 billion, contributed to the rally.
• Ripple's expansion into Asia, including $200,000 in grants for Web3 startups in Japan and South Korea, is strengthening its market position.
• The NCIUS now includes XRP, Solana, Cardano (ADA), and Stellar (XLM), indicating broader institutional interest in altcoins.

Future Outlook for XRP

If XRP maintains its current momentum, analysts suggest it could soon breach the $2.5 level. The broader cryptocurrency market also showed positive movement, with Bitcoin and Ethereum both seeing gains. Should Bitcoin surpass the $110,000 mark this week, it could further propel XRP's price higher. Investors are closely watching leading altcoins this month, anticipating continued rallies and potential profits.

Sources:

• "Why Is XRP Price Going Up Today? 10% Weekend Gain and Bullish Flag Pattern Support 50% Jump Prediction" (June 9, 2025)
• "XRP Added to Nasdaq Crypto Index, Paving Way for ETF Inclusion" (June 9, 2025)
• "Ripple to back XRP Ledger startups in Japan with $200K grants" (June 9, 2025)4
• "Ripple and Japan's Web3 Salon Join Forces To Boost Blockchain Innovation in Asia" (June 10, 2025)

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