XRP surged 12% to $2.53 in the last 24 hours, driven by $16.6 billion in market capitalization inflows. Trading volume also increased significantly, rising 91% to $4.98 billion. The price rally is attributed to advancements in XRP ETF proposals, with five now listed on the DTCC’s active list. Additionally, U.S. Senate actions to prevent a government shutdown and discussions on a 'tariff dividend' have contributed to positive market sentiment. On-chain analyst Ali Martinez highlighted a potential medium-term target of $10 if a bullish flag pattern completes.