XRP Surges 9% After Ripple-SEC Case Resolution and $200M Rail Acquisition Boost Market Confidence

XRPUSDT has experienced a notable price increase of 9.05% over the past 24 hours, rising from 3.0583 to 3.3351. This bullish momentum is primarily attributed to the official conclusion of the long-standing legal case between Ripple and the U.S. SEC, which has removed significant regulatory uncertainty and improved market sentiment. Additional contributing factors include Ripple's announced $200 million acquisition of the stablecoin payments platform Rail and ongoing discussions about Ripple's technology adoption by banks.

Currently, XRPUSDT is trading at 3.3351 with a 24-hour trading volume between $9.13 billion and $11.18 billion, reflecting strong buying interest and heightened market participation. The asset's market capitalization stands at approximately $197 billion, with a circulating supply of 59 billion XRP, and the price has fluctuated between $3.00 and $3.38 in the last day.