XRP Surges 4.23% as U.S. Leveraged ETFs Launch, Billion-Token Accumulation Fuels $200B Market Cap

XRPUSDT experienced a notable price increase in the past 24 hours, rising 4.23% to $3.4522 on Binance, driven by several key factors. The launch of leveraged XRP ETFs in the U.S., accumulation of over 2.2 billion XRP by large holders, and favorable regulatory developments in the United States have significantly boosted investor confidence and contributed to the surge. Additionally, futures open interest for XRP reached $9.98 billion, the highest since 2021, and over $73 million in short positions were liquidated, amplifying upward momentum.

Currently, XRP maintains strong trading activity with a 24-hour open of $3.3121 and a circulating supply of approximately 59 billion tokens, while its market capitalization remains above $200 billion, reflecting robust investor interest and positioning XRP among the top cryptocurrencies by market cap.