XRP Surges 8.21% to $2.82 as Whale Holdings and RLUSD Stablecoin Fuel Market Momentum

XRPUSDT experienced an 8.21% price increase over the past 24 hours, with the current price at 2.8182 USDT on Binance. The recent price surge is primarily attributed to Bitcoin reaching a new all-time high of $118,909, which triggered broad upward momentum across major cryptocurrencies, including XRP. Additional contributing factors include ongoing institutional accumulation, as whale wallets now hold over 47 billion XRP, and heightened trading activity, with 24-hour volumes reaching up to $16.39 billion. Market sentiment has also been influenced by Ripple's announcement of its RLUSD stablecoin aimed at enhancing transparency and compliance. XRP’s market capitalization has risen above $166 billion, making it the third-largest cryptocurrency by market cap, while trading remains volatile with prices fluctuating between 2.56 and 2.97 USDT in the last day.