XRP Dips 2.6% Amid Whale Accumulation and Ripple’s Major Regulatory Wins in Europe and Dubai

XRP is currently trading at $2.2074 on Binance, with a 24-hour trading volume of approximately $2.15–$2.27 billion, a market cap around $128.79–$131.85 billion, and a 24-hour price decline of 2.61% from an open of $2.2666. Despite the recent dip, XRP has shown strong performance over the past week, driven by positive developments such as DZ Bank's adoption of Ripple's custody platform in Europe, regulatory approval for Ripple's crypto payment services in Dubai, and anticipation of the upcoming SEC decision on a spot XRP ETF. Increased whale accumulation, rising open interest, and ongoing legal clarity have contributed to overall bullish sentiment, though the current pullback reflects short-term profit-taking and market consolidation following a period of rapid gains.