XRP Surges 4.73% After Ripple Ends SEC Appeal, Micro Futures Launch Boosts Trading Volume

XRPUSDT experienced a 4.73% price increase over the last 24 hours, rising from a 24h open of $2.0900 to a current price of $2.1889 on Binance. This upward movement is primarily attributed to Ripple's announcement on June 27, 2025, that it would drop its cross-appeal against the SEC, effectively ending a prolonged legal dispute and providing significant regulatory clarity. The positive market response was further supported by the launch of XRP micro futures and increased trading activity, as evidenced by a 24-hour trading volume between $2.5 billion and $2.79 billion. XRP is currently trading in a stable range near $2.19, with a market capitalization of approximately $129.5–$129.7 billion, reflecting strong liquidity and sustained investor interest following the resolution of key legal uncertainties.