XRP Surges 4.95% as ProShares Ultra XRP ETF Debuts, Market Cap Tops $203.99 Billion

XRPUSDT experienced a 4.95% price increase over the last 24 hours, with the current price at 3.5414 USDT according to Binance data. The primary driver of this upward movement was the approval and launch of the ProShares Ultra XRP ETF on the New York Stock Exchange on July 18, 2025, which significantly boosted trading volumes and market interest in XRP. This event, combined with the broader bullish sentiment in the cryptocurrency market and XRP’s breakout above key resistance levels, contributed to the asset reaching new all-time highs and entering a price discovery phase.

Currently, XRP is trading with strong momentum, supported by a 24-hour trading volume between $6.31 billion and $16.499 billion and a market capitalization exceeding $203.99 billion. The asset’s circulating supply stands at approximately 59.18 billion coins, and its market share has risen to over 5% of the total crypto market cap, reflecting a weekly price increase of over 22%.