XRP Faces 3.55% Dip Despite ETF Launches and Regulatory Progress, Traders Await Clear Direction

XRP is currently trading at $2.3467 on Binance, down 3.55% over the past 24 hours, with significant trading volume and ongoing consolidation below resistance levels. The recent price decline follows the launch of the Volatility Shares XRP futures ETF (XRPI) on Nasdaq and the introduction of CME XRP futures, both of which initially drove market interest but have not yet translated into sustained upward price momentum. Additionally, while Ripple’s settlement with the SEC and the anticipation of a decision on a spot XRP ETF have provided regulatory clarity and optimism, these developments have so far led to a "wait-and-see" approach among traders, resulting in subdued price action and limited directional movement in the short term.