As of May 11, 2025, $XRP is trading at approximately $2.41 USD on Binance, reflecting a 24-hour increase of about 2.24%.

The current market capitalization stands at around $141.18 billion, with a 24-hour trading volume of $3.94 billion and a circulating supply of 58.55 billion $XRP tokens.

Recent developments have influenced XRP's performance:

Whale Activity: On May 9, a significant transfer of 370 million#AltcoinTrade XRP (valued at approximately $782 million) was made to unknown wallets, indicating substantial market movements.

Regulatory Clarity: Ripple's settlement with the SEC for $50 million has provided legal clarity, boosting investor confidence.

Institutional Developments: Ripple's acquisition of Hidden Road for $1.25 billion aims to enhance the XRP Ledger's role in global finance.

Technical analysis suggests that $XRP has faced resistance at $2.22 and $2.36, with a recent pullback to $2.13. Analysts believe that maintaining support above $2.00 could pave the way for further gains.

Looking ahead, projections estimate XRP could reach $2.4275 within the next 30 days, indicating a potential 5% increase.