XRP Surges 10% as Ripple Eyes U.S. Banking License and Major Events Drive Trading Volume

XRPUSDT has experienced a notable 10.30% price increase over the past 24 hours, rising from 2.4987 to 2.7561 on Binance, driven by a combination of strong bullish market sentiment, Ripple’s pursuit of a U.S. banking license, and increased attention from major events such as Binance’s 8th anniversary campaign featuring XRP and significant trading activity. Additional factors contributing to the price movement include Ripple’s recent escrow unlock of 500 million XRP, the minting of 16 million RLUSD stablecoins, and new institutional partnerships, which have all fueled optimism and heightened trading volumes.

Currently, XRPUSDT is trading at 2.7561 with a 24-hour trading volume between $13.5 billion and $15.5 billion, and a market capitalization exceeding $164 billion, reflecting its position among the top digital assets and highlighting strong investor interest and liquidity.