XRP Surges 2.67% as ETF Progress, Institutional Demand, and Global Adoption Drive Market Cap Past $144B

XRPUSDT has experienced a 2.67% price increase over the past 24 hours, currently trading at 2.4344 USDT on Binance, with a 24-hour open of 2.3712. This positive momentum is attributed to several key developments: the U.S. SEC advancing a rule to expedite spot crypto ETF approvals, including for XRP, and the launch of XRP ETFs in Canada, both of which have heightened institutional interest. Additionally, SBI Holdings’ integration of XRP into its credit card points program in Japan and the rapid growth of Ripple's RLUSD stablecoin have further supported investor confidence. The number of XRP holders has grown to nearly 6.64 million, and optimism around a potential resolution in the Ripple-SEC case has reduced regulatory uncertainty. XRP’s market capitalization now exceeds $144 billion, with robust trading volumes and a circulating supply of approximately 59.07 billion tokens, reflecting strong demand and increased adoption of the XRP Ledger for payments and DeFi applications.