XRP Surges 2.27% as Nasdaq Index Inclusion and Legal Milestones Drive $2.79B Trading Volume

XRPUSDT has experienced a 2.27% price increase over the past 24 hours, trading at $2.2618 on Binance with a 24-hour open of $2.2117. The recent price movement is primarily attributed to growing institutional interest following XRP’s addition to the Nasdaq Crypto US Settlement Price Index, heightened speculation around a potential US XRP spot ETF, and anticipation of a key court decision in the Ripple v. SEC lawsuit expected by June 16, 2025. Increased derivatives trading volume and open interest, along with significant on-chain transfers by Ripple, have further fueled investor engagement and short-term volatility. XRP’s market capitalization stands around $131.49 billion, with 24-hour trading volume near $2.79 billion, as the asset consolidates between major support and resistance levels while market participants await further legal and regulatory developments.