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XRP price has surged 88% from its lowest point this month, reaching $2.62, its highest point since Oct. 11. Institutional demand for XRP ETF and futures contracts has jumped, with CME XRP futures open interest crossing $66 billion. The recently launched XRP ETF has gained $100 million in assets, and Ripple USD (RLUSD) stablecoin is approaching the $1 billion asset mark.

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