XRP Surges 7.96% as Regulatory Shifts and Bank Partnerships Drive Bullish Momentum on Binance

XRPUSDT has experienced a notable price increase of 7.96% over the last 24 hours, with the current price at 3.3182 on Binance. The recent upward movement is primarily attributed to heightened trading activity following regulatory developments, including the U.S. SEC's review of Ripple’s appeal withdrawal and positive sentiment around potential updates to Ripple’s bank charter and institutional partnerships, such as Bank of America’s RLUSD integration. Technical factors, including the flipping of the $2.99–$3.00 resistance zone into support and increased trading volume, have further contributed to bullish momentum. XRP’s 24-hour trading volume remains elevated, reflecting strong market participation and renewed investor interest.