XRP Surges 2.59% to $2.93 Amid $7.2B Volume, Whale Activity, and US CPI Anticipation

XRPUSDT has experienced notable price volatility in the last 24 hours, with the price rising 2.59% to $2.9345, according to Binance data. This upward movement is largely attributed to heightened trading activity on South Korean exchanges, increased whale accumulation, and anticipation surrounding upcoming U.S. CPI data and ongoing regulatory developments. The recent rally was initially halted at the key $3 resistance level, leading to a brief pullback, but renewed interest from large investors and positive technical signals have supported the rebound.

Currently, XRPUSDT maintains strong trading volume, with over $7.2 billion traded in the past day and a market capitalization of approximately $173.48 billion. The price has fluctuated between $2.80 and $2.96, reflecting both caution after resistance rejection and optimism driven by robust market participation and technical patterns.