XRP Surges 4.3% After ETF Inclusion, EVM Sidechain Launch, and Institutional Payment Expansion
XRPUSDT has experienced a 4.30% price increase over the past 24 hours, rising from a 24h open of 2.1669 to the current price of 2.2601 on Binance. This positive movement is attributed to several key developments: the SEC's approval of Grayscale’s Digital Large Cap Fund ETF, which now includes XRP among its holdings, has increased market optimism and raised expectations for a potential XRP-spot ETF. Additionally, the launch of the XRPL EVM sidechain, enabling Ethereum smart contract compatibility, and Ripple's ongoing strategic partnerships, such as the integration with OpenPayd for institutional payments, have contributed to heightened interest and network activity. Despite recent price volatility linked to ongoing legal proceedings with the SEC and Ripple’s recent escrow actions, XRP remains the fourth-largest cryptocurrency by market capitalization, with a 24-hour trading volume of approximately $3.64 billion and continued strong network activity.