XRP Price Today: XRP Holds Near $2.07 as Franklin Templeton’s XRPZ ETF Launch Fuels Momentum Toward a Long-Term Rally

The XRP price is currently stable around $2.07, up slightly over 24 hours, maintaining its position after breaking out of a multi-year triangle formation. A significant catalyst is the launch of Franklin Templeton’s spot XRP ETF (XRPZ) on NYSE Arca, which offers a low 0.19% fee and provides a new regulated entry point for institutional investors. Analysts are drawing parallels between XRP's current chart structure and the pre-rally phase of 2017, suggesting potential for a long-term rally, though they caution that current market fundamentals, including regulatory clarity and ecosystem adoption, are different. While some projections suggest extreme upside if support near $1.90 holds, the primary focus remains on institutional inflows and broader adoption as key drivers for future price movement.

(Source：Brave New Coin)