XRP Surges 2.42% as NexFi Integration, RLUSD Launch, and ETF Momentum Drive $5.2B Volume
XRPUSDT has risen by 2.42% over the past 24 hours, with the current price at $3.1091 according to Binance data. The price increase is attributed to ongoing consolidation following a previous rally, positive sentiment from recent technical developments such as a bullish crossover of the 100-day and 200-day moving averages, and fundamental news including Lytus Fintech's NexFi platform integrating XRP and Ripple's launch of the RLUSD stablecoin. Additional optimism stems from institutional interest, highlighted by the launch of 3iQ's XRP ETF in Canada and forecasts of potential cryptocurrency ETFs in 2025. Trading volume remains robust at $5.2 billion, with XRP navigating between support at $3.10 and resistance at $3.20, reflecting continued volatility and investor attention to upcoming regulatory and product developments.