XRP Surges 8.91% as Ripple’s Dubai Real Estate Deal and ProShares ETF Fuel $14B Trading Boom

XRPUSDT experienced a significant price increase of 8.91% over the past 24 hours, rising from 2.9872 to 3.2534, primarily driven by Ripple's newly announced partnership with Ctrl Alt to support real estate tokenization in Dubai and the upcoming launch of the ProShares XRP Futures ETF on July 18, 2025. Additional factors contributing to the surge include a spike in open interest in XRP futures, which exceeded $8 billion, and heightened trading activity in leveraged XRP ETFs, reflecting strong market enthusiasm.

Currently, XRPUSDT is trading at 3.2534 with a 24-hour trading volume exceeding $14 billion and a market capitalization near $192 billion, placing it among the top cryptocurrencies by market cap and indicating robust trader participation and bullish sentiment.