XRP Rises 2.16% as Ripple Secures 400M XRP, Banking License Bid, and Major Asset Tokenization

XRPUSDT has experienced a 2.16% price increase over the past 24 hours, rising from a 24h open of 2.2183 to a current price of 2.2662 on Binance. This upward movement is attributed to several recent developments: Ripple's locking of 400 million XRP into escrow, which supports supply management and market confidence; the company's application for a U.S. national banking license and acquisition of Standard Custody, enhancing regulatory compliance and asset security; and Mercado Bitcoin's announcement to tokenize $200 million in real-world assets on the XRP Ledger, highlighting growing ecosystem adoption. Additionally, the market absorbed a large transfer of 320 million XRP by SBI Holdings without significant price disruption, indicating strong liquidity and stability. Overall, XRP maintains robust trading activity, with a 24-hour volume of 93.04 million XRP (210.68 million USDT) on Binance and a circulating supply of approximately 59.07 billion XRP, supporting its position among the top digital assets by market capitalization.