XRP Surges 4.7% as Ripple Banking Charter, ETF Hopes, and RLUSD Launch Drive Institutional Momentum

XRPUSDT has risen 4.70% in the past 24 hours, with the price reaching 2.2813 from a 24h open of 2.1788 on Binance. The recent price increase is primarily attributed to several positive developments: Ripple’s application for a U.S. banking charter, optimism surrounding the potential approval of a spot XRP ETF following the SEC’s approval of Grayscale’s Digital Large Cap Fund (which includes XRP), and the launch of the RLUSD stablecoin and new enterprise payment infrastructure with OpenPayd. Additional market momentum has been driven by Ripple’s recent escrow activity and ongoing legal developments with the SEC, including anticipation of a decision on the agency’s appeal regarding programmatic sales of XRP. Trading volume remains robust, with the price consolidating near resistance at 2.33 and support at 2.08, reflecting a market that is closely watching regulatory and institutional adoption signals.