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XRP price sets sight on $3.00 amid heightened institutional interest
Ripple (XRP) is rising marginally to trade at $2.31 at the time of writing on Wednesday, following the release of the United States (US) Consumer Price Index (CPI) data. The Bureau of Labor Statistics (BLS) report shows that the CPI rose slightly to 2.4% in May from 2.3% in April, falling below the market forecast of 2.5%. Meanwhile, interest in XRP-related financial products is rapidly growing, with Ondo Finance, a tokenization platform, launching its flagship tokenized US treasury fund on the XRP Ledger (XRPL). Major digital assets, including Bitcoin (BTC), Ethereum (ETH) and XRP, edged higher during the American ... (full story)