FedNow enabled payments through Ripples tokens following a partnership with Volante, while Gemini announced that its users in Singapore can deposit and withdraw XRP through the native XRP Ledger network. The number of active addresses on XRPL surged by over 650%, going from approximately 47,180 to more than 356,000. Spot XRP ETFs recorded net inflows of about $40 million, bringing total cumulative flows to a new all-time high of just over $1.55 billion. XRP price jumped from $1.00 to $1.70 in under 72 hours, a 70% surge, before retreating to around $1.50, with whales accumulating roughly 400 million tokens.
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