XRP Surges 2% as Ripple-SEC Legal Progress and Ecosystem Growth Drive $3.8B Trading Volume

XRPUSDT experienced a 2.03% price increase over the last 24 hours, rising from a 24h open of $2.1219 to a current price of $2.1650 on Binance. The price movement is primarily attributed to renewed optimism following Ripple and the U.S. SEC's joint motion to dissolve the injunction in their ongoing legal case, as well as continued ecosystem development, including Ripple's grant for Japanese XRPL startups and active DeFi presales. However, broader market volatility, driven by geopolitical tensions such as the reported military strike by Israel on Iran, contributed to large-scale liquidations and short-term fluctuations across the crypto sector. XRP remains highly liquid, with a 24-hour trading volume of approximately $3.83 billion and a market capitalization near $134.41 billion, consolidating above key support as it maintains an upward trend over the past week.