XRP Surges 2.09% as Ripple’s EMI License Approvals Fuel European Expansion and $4.7B Trading Volume

XRPUSDT experienced a 2.09% price increase over the past 24 hours, currently trading at 2.1151, driven primarily by positive regulatory news including Ripple’s preliminary EMI license approval in Luxembourg and a recent license win in the UK. These developments have strengthened market confidence in Ripple’s European expansion and contributed to bullish sentiment, further supported by broader crypto market momentum following Bitcoin’s surge above $95,000. XRP’s 24-hour trading volume rose significantly, with reported figures exceeding $4.7 billion and open interest decreasing slightly, reflecting active but selective trading. The asset maintained stability above the $2.05 support zone, with cautious optimism among investors as market capitalization holds near $129 billion and XRP ranks #4 by market cap.