XRP Surges 5.89%: SEC Case Hopes, Whale Accumulation, and New Partnerships Drive Momentum

XRPUSDT has experienced a 5.89% price increase over the past 24 hours, trading at 2.5672 on Binance. The price surge is primarily attributed to several positive developments: anticipation of the SEC potentially dropping its appeal in the Ripple case, increased optimism around the possible launch of XRP futures-based ETFs, and Ripple's recent strategic moves, including the launch of its USD-pegged stablecoin RLUSD and new partnerships to expand access to XRP. Additionally, significant accumulation by large holders ("whale" wallets) and a notable rise in new wallet addresses have contributed to increased market confidence and speculative interest.

Currently, XRPUSDT is trading at 2.5672 with a 24-hour open of 2.4243, reflecting robust trading activity and a strong upward trend. The 24-hour trading volume on Binance is approximately 221.46 million XRP (about 550.14 million USDT), and XRP remains the 4th largest cryptocurrency by market capitalization, with a circulating supply near 59 billion tokens.