XRP Surges 3.19% to All-Time High as ETF Speculation, Golden Cross, and $9.9B Volume Ignite Rally
XRPUSDT has experienced a 3.19% price increase over the past 24 hours, currently trading at $3.6122 on Binance. The recent price movement is primarily attributed to heightened market speculation surrounding a potential XRP ETF, increased trading activity from Binance’s ongoing Spot Altcoin Trading Festival and Alpha Listings & Airdrops promotions, and notable on-chain events such as a significant transfer of XRP by Ripple’s co-founder to Coinbase. Additional bullish sentiment has been driven by reports of an "ultra-rare golden cross," a surge in XRP burns, and XRP reclaiming its all-time high, further supported by increased institutional and retail interest.
In the last 24 hours, XRP’s trading volume exceeded $9.92 billion, with Binance alone recording over $3.8 billion in volume for the XRP/USDT pair. The market capitalization stands at approximately $213.34 billion, ranking XRP as the third-largest cryptocurrency. The asset has outperformed the broader market, rising over 20% in the past week amid strong bullish momentum and elevated trading activity.