XRP (XRP) has risen 2.37% in 24 hours.

Gate News Bot news, on October 15, according to CoinMarketCap data, as of the time of writing, XRP (XRP) is currently priced at $2.53, having pumped 2.37% in the last 24 hours, reaching a high of $2.92 and a low of $1.53, with a 24-hour volume of $6.562 billion. The current market capitalization is approximately $151.329 billion, an increase of $3.505 billion compared to yesterday.

The XRP Ledger (XRPL) is a decentralized public blockchain led by a global community of enterprises and developers, aimed at solving problems and creating value. With over a decade of error-free operation verification, XRPL offers simplified development, low transaction costs, high performance, and sustainability. Key features of XRPL include a decentralized exchange, cross-currency payments, payment channels, multi-signature, and token functionality. It provides developers with comprehensive documentation, tutorials, and multilingual support to assist them in building innovative projects on XRPL.

Important news about XRP recently:

1️⃣ CME launches XRP options trading The Chicago Mercantile Exchange (CME) has officially launched XRP options trading. This move marks a further integration of XRP into traditional financial markets and is expected to attract more institutional investors to participate in XRP trading, enhancing its market liquidity and price discovery efficiency.

2️⃣ Ripple launches $200,000 “Attackathon” to test XRPL lending protocol Ripple has partnered with Immunefi to launch a security testing initiative called “Attackathon,” with a total prize pool of up to $200,000. This initiative aims to test the security of the native lending protocol set to be launched on the XRP Ledger. This move not only highlights Ripple's emphasis on protocol security but also signals that the XRPL ecosystem is about to welcome significant functional expansion.

3️⃣ XRP market performance is strong Recently, the price of XRP has seen a significant pump, with the 24-hour rise exceeding 10% at one point. This strong market performance reflects investors' continued confidence in XRP, which may be related to its positive developments in both legal and technical aspects.

From a technical perspective, XRP's current price has surpassed the $2.5 mark. If it can maintain this level, it may open up space for further rise. On the fundamental side, the launch of CME options trading and the upcoming XRPL lending protocol provide long-term development momentum for XRP. However, investors still need to closely monitor the overall cryptocurrency market trends and potential regulatory changes.

This message is not intended as investment advice; investors should be aware of market volatility risks.