XRP Surges 2.41% as VivoPower Allocates $100M and Dubai Approves Ripple Stablecoin

XRP is currently trading at $2.2551 with a 24-hour open of $2.2021 and a 24-hour price increase of 2.41%, accompanied by a trading volume of approximately $2.43 billion and a market capitalization of around $131.85 billion. The recent price rise is primarily attributed to increased institutional interest, highlighted by VivoPower’s $100 million XRP treasury allocation, as well as regulatory developments such as the Dubai Financial Services Authority’s approval of Ripple’s RLUSD stablecoin and its integration with Dubai’s real estate tokenization platform. Additional momentum comes from official statements clarifying Ripple’s strategic direction and the anticipation of a pivotal technical breakout, all contributing to heightened trading activity and renewed investor confidence in XRP.