XRP Surges 2.23% as Whale Wallets Hit Record High and Ripple Secures BNY Partnership

XRPUSDT has experienced notable volatility in the last 24 hours, with the current price at 2.9028 USDT, reflecting a 2.23% increase from the previous day’s open of 2.8394. The recent price movement is primarily attributed to heightened whale activity, with the number of wallets holding over 1 million XRP reaching an all-time high, and ongoing legal and regulatory developments involving Ripple and the SEC. Additional factors influencing the price include Ripple’s new partnership with BNY for RLUSD stablecoin custody and announcements of new XRP-powered cloud mining services. Trading volume remains substantial, and market sentiment is generally bullish, with analysts watching key support at 2.65 and resistance near 2.98587 as XRP continues to outperform the broader cryptocurrency market.