XRP Skyrockets 6% as Whale Binance Inflows Hit 6-Month High

XRP (CRYPTO: XRP) experienced a 6% increase over the past 24 hours, reaching a price of $1.40, as whale inflows to Binance hit a six-month high, totaling nearly 1.6 billion XRP over the last 30 days. This surge follows a recent selloff after a Senate vote on the Clarity Act failed. Additionally, XRP-focused treasury management company Evernorth raised $30 million through convertible notes to invest in XRP ahead of its planned SPAC merger and Nasdaq listing under the ticker XRPN.