- XRP hits $2.29 after joining NASDAQ’s crypto index, alongside SOL, ADA, and XLM.
- Ripple expands into Asia, launching a $200K Web3 grant initiative.
- Traders eye $2.50 if momentum holds—especially if Bitcoin breaks above $110K.
Ripple’s XRP is riding a wave of green to kick off the week, tapping $2.29 during Monday’s session. The token’s been gaining momentum lately, climbing around 2.1% today and nearly 5% over the past week—snapping out of a two-month stretch of sideways chop. This push higher is fueled by surging trading volume, which hit a hefty $2.8 billion.
A big part of the buzz? XRP just landed on the NASDAQ Crypto US Settlement Price Index (NCIUS), joining big players like Bitcoin and Ethereum. Traders didn’t waste time—bullish sentiment flared up almost immediately.
Ripple’s Asia Expansion Adds Fuel to the Fire
Helping to stoke that momentum, Ripple announced it’s expanding further into Asia. The company revealed a $200,000 grant program for Web3 startups in Japan and South Korea. The initiative is being done alongside Web3 Salon—backed by Japan’s JETRO and the Asia Web3 Alliance—and aims to spark fresh decentralized innovation.
That announcement gave XRP another nudge up the charts, with investors betting on Ripple’s long game in Asia. It’s clear that the market liked what it heard—volume spiked, and the altcoin took another leg higher.
NASDAQ Inclusion Turns Heads Across Crypto Market
XRP isn’t alone on NASDAQ’s new crypto index, either. Solana (SOL), Cardano (ADA), and Stellar (XLM) also joined the party. This inclusion is a confidence boost for altcoins across the board. With more institutional eyeballs on these assets, fresh capital might not be far behind.
If this momentum sticks, XRP could be eyeing the $2.50 level next. Meanwhile, Bitcoin and Ethereum are also climbing—both up about 2%—and if Bitcoin clears $110K this week, XRP could very well get dragged along for the ride.
