XRP Surges 2.32% as Ripple Settlement Proposal Spurs Legal Optimism and Investor Activity

XRPUSDT rose 2.32% over the past 24 hours, with the price moving from 2.1489 to 2.1988 on Binance. This upward movement is primarily attributed to renewed legal optimism following the filing of a settlement proposal between Ripple and the SEC, in which Ripple agreed to pay $50 million and return $75 million from escrow. Legal analysts have expressed increased confidence in Ripple’s position, supporting positive sentiment and investor activity. Additionally, ongoing developments such as Ripple’s plans to launch an EVM sidechain and expand stablecoin integrations have contributed to sustained interest in the asset. XRP’s trading volume reached approximately $1.87 billion, with the price consolidating between $2.15 and $2.22 and a market capitalization near $120 billion, reflecting continued robust liquidity and investor engagement.