XRP Surges 2.17% on Binance Amid ETF Hopes, BNY Mellon Partnership, and SEC Regulatory Shift

XRPUSDT experienced a 2.17% price increase over the last 24 hours, rising from 2.3905 to 2.4423 on Binance, driven primarily by positive regulatory developments and institutional partnerships. The surge in price and trading volume is attributed to the U.S. SEC's move to shorten the ETF approval timeline and introduce new disclosure requirements, anticipation of upcoming XRP-related ETF launches, and Ripple's announcement of BNY Mellon as custodian for its RLUSD stablecoin reserves. Additional momentum came from increased whale accumulation and speculation around the SEC potentially dropping its appeal in the Ripple case. Trading volume on Binance reached $479.08 million, with overall market capitalization estimated at $144 billion, reflecting strong investor interest and heightened activity in the XRP market.