XRP Surges 2.68% as Dubai Approval, $100M Investment, and UK Expansion Drive Momentum

XRP is currently trading at $2.2466 with a 24-hour price increase of 2.68% and strong trading volume, reflecting renewed investor interest. The recent price movement is primarily driven by several key developments: Ripple’s RLUSD stablecoin received regulatory approval from the Dubai Financial Services Authority, enabling integration with nearly 7,000 businesses in the Dubai International Financial Centre; VivoPower’s $100 million investment into XRP as a treasury reserve has boosted market confidence; and ongoing speculation about a potential settlement between Ripple and the SEC has contributed to positive sentiment. Additional factors include increased adoption through partnerships in the UAE, IG Group’s launch of spot XRP trading for retail customers in the UK, and anticipation of further announcements at the upcoming XRP Ledger Apex 2025 event. These events have collectively supported the recent upward momentum in XRP’s price.