XRP Sees 4.79% Price Dip After Rally, CME Futures and ETF Launch Drive Institutional Interest

XRP is currently trading at $2.3189 with a 24-hour trading volume of $4.24 billion, ranking #7 by market capitalization; the price has declined 4.79% over the last 24 hours from an open of $2.4356, with recent trading showing volatility around key resistance levels near $2.48. The recent price decrease is attributed to profit-taking following a strong rally driven by major developments such as the launch of CME XRP futures, the debut of the first U.S.-based XRP futures ETF on Nasdaq, and Ripple's resolution of its SEC case; while these events have strengthened institutional interest and regulatory clarity, the market is currently consolidating amid broader altcoin volatility and anticipation of further ETF decisions by the SEC.