The price of XRP has recently exceeded USDT in market capitalization, marking a significant milestone for Ripple. Ripple President Monica Long hinted at the impending launch of a spot XRP ETF, which could significantly boost market sentiment and confidence.

Favorable market conditions and evolving regulations, particularly the EU’s MiCA aimed at stablecoins, have contributed to XRP’s ascent. Additionally, Coinbase Europe’s delisting of USDT due to compliance concerns has aided XRP’s climb, reflecting investor interest and potential for further growth.