XRP Surges 3.29% Amid Legal Twists and $439M Transfers as Regulatory Clarity Nears

XRPUSDT experienced notable price fluctuations over the past 24 hours, primarily driven by significant legal developments. The denial of the joint Ripple-SEC motion for an indicative ruling and Ripple's decision to drop its appeal in the SEC case created renewed uncertainty, initially leading to increased selling pressure and a price dip. However, the market subsequently stabilized as regulatory clarity appeared imminent, with large-scale wallet accumulation and substantial internal transfers (including Ripple moving $439 million in XRP) indicating continued institutional and retail interest.

On Binance, XRP is trading at $2.1734, up 3.29% from a 24-hour open of $2.1041, with strong trading volume and a circulating supply of approximately 59 billion tokens. The asset remains in a consolidation phase, supported by high liquidity and cautious optimism, as investors monitor both technical support levels and the final resolution of legal proceedings.