XRP Surges 7.68% as ProShares Ultra XRP ETF Launch and Whale Activity Drive Record Gains

XRPUSDT experienced a 7.68% price increase over the last 24 hours, rising from 2.9314 to 3.1566, primarily driven by heightened trading activity following the approval and listing of the ProShares Ultra XRP ETF (UXRP) on NYSE Arca, as well as significant futures volume reported on both Binance and CME. Additional contributing factors include technical developments such as a breakout above key resistance levels, increased whale accumulation, and growing network activity with 840,000 new wallets added in six months.

Currently, XRP trades at 3.1566 with a 24-hour trading volume of approximately $9.96 billion and a market capitalization of about $186.73 billion, reflecting strong bullish sentiment and outperforming the broader cryptocurrency market over the past week.