XRP Surges 2% as $500M Reserve, ETF Approvals, and Court Ruling Fuel Market Optimism

XRPUSDT rose 2.02% over the past 24 hours, with the current price at 2.1707 USDT and a 24h open of 2.1278 USDT on Binance. The price increase is primarily attributed to positive developments including Trident Digital’s $500 million XRP reserve plan, the SEC’s approval of three XRP futures ETFs under ProShares Trust, and anticipation of a key court ruling in the ongoing Ripple-SEC lawsuit, which has heightened market optimism. Additional momentum stems from increased institutional interest, recent accumulation by large holders, and optimistic projections regarding XRP’s potential role in global payments. Trading volume remains robust at approximately $1.76 billion, with XRP holding above key support levels and testing resistance near $2.18, reflecting a stable uptrend and sustained market interest.