XRP Surges 2.95% as SBI ETF Filing and NexFi Integration Boost Market Momentum
XRPUSDT has experienced a 2.95% price increase over the last 24 hours, rising from an open of 2.9646 to a current price of 3.0522 on Binance. This upward movement is likely influenced by several recent developments, including SBI Holdings' filing for an XRP-focused ETF in Japan and ongoing speculation about the launch of additional cryptocurrency ETFs, which have contributed to positive sentiment. Additionally, the integration of XRP into Lytus Fintech's NexFi platform and the conclusion of the Ripple-SEC legal proceedings, with a joint report expected soon, have provided further market support.
Currently, XRP maintains a strong position with a market capitalization near $181–182 billion, a circulating supply of approximately 59.31 billion, and a 24-hour trading volume between $3.53 billion and $5.5 billion. Despite some recent volatility and a slight weekly decline, XRP has shown significant growth over the past month and year, reflecting ongoing investor interest and market activity.