XRP Surges 2.25% as Trident Digital Eyes $500M Treasury and Nasdaq Adds XRP Index

XRPUSDT has experienced a 2.25% price increase over the past 24 hours, currently trading at $2.1604 according to Binance data. This upward movement is primarily attributed to heightened institutional interest following Trident Digital Tech Holdings' announcement to raise up to $500 million for an XRP corporate treasury, increased visibility from Nasdaq’s addition of XRP to its settlement price index, and a surge in XRP Ledger payment volume exceeding 1,000%. Additional momentum stems from optimism around Ripple’s global expansion, particularly in the Middle East, and anticipation of key legal and ETF-related decisions, which have contributed to bullish sentiment despite short-term technical indicators remaining cautious.

XRP is trading just above key support at $2.10 with a 24-hour trading volume of approximately $1.55 billion and an estimated market capitalization of around $125.8 billion. The asset is consolidating near resistance at $2.18, with technicals showing a 14-day RSI of 44.38 and 30-day volatility at 3.81%, while overall market sentiment is mixed—bearish by technicals but showing moderate greed on the sentiment index.