XRP Surges 2.82% as Senate Testimony, ETF Hopes, and Grayscale Inclusion Boost Investor Confidence

XRPUSDT has experienced a 2.82% price increase over the past 24 hours, with the current price at 2.3280 USDT and a 24-hour open of 2.2641 USDT. The upward movement is primarily attributed to heightened optimism surrounding regulatory developments, including Ripple CEO Brad Garlinghouse’s upcoming testimony before the U.S. Senate Banking Committee on July 9, which may impact future crypto legislation and regulatory clarity for XRP. Additional positive sentiment stems from Grayscale’s inclusion of XRP in its Digital Large Cap Fund, the pending review of ten spot ETF applications for XRP, and news of Truth Social filing for a "Crypto Blue Chip ETF" featuring XRP. These developments, combined with continued strong trading activity and a market capitalization between $130.97 billion and $136.57 billion, have contributed to increased investor confidence and elevated trading volume, which ranged from $1.54 billion to $9.68 billion over the last 24 hours.