XRP Surges 5.54% Amid $4.44B Volume as Geopolitical Tensions and Lawsuit Speculation Drive Recovery

XRPUSDT experienced a 5.54% price increase over the last 24 hours, rising from a 24h open of $1.9718 to a current price of $2.0810. This rebound follows heightened volatility driven by ongoing geopolitical tensions, particularly involving Iran, and broader macroeconomic uncertainty, including U.S.-China trade relations and anticipation of U.S. Federal Reserve policy decisions. The market also remains focused on regulatory developments, as speculation about the timing of the Ripple v. SEC lawsuit verdict continues to influence sentiment. Despite recent selling pressure and a decline in on-chain activity, strong trading volumes (24h spot volume up to $4.44 billion) and robust futures participation have contributed to the recent price recovery. XRP is currently trading above the key $2.00 support level, with technical indicators signaling neutral to slightly bearish momentum amid cautious market sentiment.