XRP Surges 2.58% as Nasdaq Index Inclusion and ETF Anticipation Drive Institutional Interest

XRPUSDT is trading at $2.2935 on Binance, reflecting a 2.58% increase over the past 24 hours, with a 24-hour open of $2.2359. The recent price appreciation is primarily attributed to heightened institutional interest following XRP’s inclusion in the Nasdaq Crypto US Settlement Price Index and anticipation surrounding the SEC’s upcoming decision on a spot XRP ETF, expected on June 17, 2025. Additional positive sentiment stems from Ripple’s partnership with Web3 Salon to support blockchain startups in Japan and the company’s international expansion, including a new office in Abu Dhabi. XRP’s market capitalization stands between $131.87 billion and $133 billion, with a robust 24-hour trading volume of $2.79–$2.93 billion, indicating strong investor engagement and sustained momentum in the current trading environment.