XRP Surges 3.15% on Binance as Ripple’s Senate Testimony, BNY Mellon Deal, and ETF Hopes Drive Volume

XRPUSDT has experienced a 3.15% price increase over the past 24 hours, rising from 2.3169 to 2.3899 on Binance, driven by several key developments. The primary catalysts include Ripple CEO Brad Garlinghouse's upcoming Senate testimony, which emphasizes XRP’s regulatory compliance and global licensing, as well as Ripple’s new partnership with BNY Mellon to serve as custodian for RLUSD reserves. Additional positive sentiment stems from anticipation of a potential spot XRP ETF approval in the U.S., with multiple applications pending and a decision expected by October 2025. Increased trading activity, reflected in a surge in 24-hour volume to between $2.93 billion and $4.68 billion, further underscores heightened investor interest. Overall, XRP remains in focus amid regulatory progress, strategic partnerships, and strong market engagement.