XRP price surge: XRP’s price surged 13% in 24 hours due to a bullish market trend. On December 17, it traded at 2.71 USD with a trading volume of 16 billion USD, according to Coinmarketcap.

Influence of RLUSD stablecoin: The RLUSD stablecoin significantly contributed to XRP’s rise. The stablecoin market is valued at 203.52 billion USD, with Tether (USDT) being a leader. XRP’s price increased over 200% since Gary Gensler’s SEC departure.