XRP surges 8% amid market rally and Ripple ecosystem developments

XRP climbed over 8% in 24 hours with trading volume rising 55% to $4.7 billion. The price increase coincided with a broader crypto market short squeeze that saw approximately $665 million in short liquidations. Ripple is also advancing its ecosystem, including a new developer kit for AI agents to facilitate payments via the XRP Ledger and RLUSD stablecoin, as well as pending proposals for lending frameworks using XRP as collateral.