Highlights
- XRP price surged to $2.43 after the launch of the first XRP Futures ETF on Nasdaq.
- If Laszlo Hanyecz had paid with 10,000 XRP instead of Bitcoin for his 2010 pizza purchase, it would cost $24,300 today.
- XRP's current momentum is driven by the ETF launch, with potential for a breakout above $2.50 to reach $2.75.
XRP price history sparks curiosity—what if Laszlo Hanyecz had paid with 10,000 XRP instead of Bitcoin back in 2010?
Ripple (XRP) Crosses $2.43 After ETF Debut, But What If XRP Had a “Pizza Day”?
In 2010, Laszlo Hanyecz made history by spending 10,000 BTC on two pizzas, creating the first real-world crypto transaction and one of the the most expensive meals in history.
In retrospect, had he used XRP instead, the “Bitcoin Pizza” would cost significantly less. While XRP did not exist at the time of the transaction in 2010. At today’s price of $2.43, the same 10,000 XRP would amount to just $24,300.
With a 24-hour gain of 3.2% and a weekly climb of 2.6%, the current Ripple price momentum is powered by the launch of the first XRP Futures ETF on Nasdaq.
Wall Street Embraces XRP with XRPI ETF Launch
As seen in the Coingecko chart below, XRP’s price rally above above $2.43 on Thursday, May 22, in a rally linked to the landmark launch of XRP ETF product on NASDAQ.
Volatility Shares debuted XRPI, the first-ever XRP futures exchange-traded fund (ETF) in the United States, which began trading today on the Nasdaq. This new fund gives both retail and institutional investors access to XRP exposure without the risks of direct custody.
According to filings with the U.S. Securities and Exchange Commission, the ETF will allocate at least 80% of its net assets to XRP-linked futures via a Cayman Islands-based subsidiary.
Bloomberg ETF analyst Eric Balchunas confirmed the fund’s launch and underscored its novelty in the market. He called XRPI a “market first,” contrasting it with the existing 2x leveraged XRP product, which already commands $120 million in assets and sees $35 million in daily volume. r.
Frequently Asked Questions (FAQs)
1. How much is 10,000 XRP worth at today’s price?
2. What makes XRP’s ETF launch important?
3. How does XRP’s 1-year return compare to Bitcoin?
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