$XRP is trading at $2.33 USD, with a 24-hour trading volume of $4.94 billion and a market cap of $136.12 billion, marking a 6.98% rise over the past 24 hours. This rally was driven by CME Group’s announcement of cash-settled XRP futures launching May 19, 2025, broad crypto bullishness from a weakening U.S. dollar, renewed optimism around a potential SEC vs. Ripple lawsuit resolution before April 16, 2025, Franklin Templeton’s filing for a spot XRP ETF, and news of a temporary 90-day tariff pause by President Trump spurring risk-on sentiment.