Ripple’s XRP price surged by 10.53%, reaching a peak of $0.5892.Grayscale launched the Grayscale XRP Trust Fund, allowing institutions to invest in XRP without direct purchase.XRP experienced a 8.45% jump following the announcement of the Grayscale XRP Trust Fund.Technical analysis suggests further gains for XRP, with predictions ranging from $0.6100 to $0.6310.