XRP Drops 2% After All-Time High as SEC Developments and Institutional Interest Drive Volatility

XRPUSDT experienced a 2.06% price decrease over the last 24 hours, closing at 3.4807 on Binance after opening at 3.5540. This decline follows a period of heightened volatility and strong upward momentum, driven by anticipation of the U.S. Presidential Working Group's Crypto Policy Report, ongoing SEC legal developments, and speculation about potential inclusion of XRP in a national strategic reserve. The recent all-time high of 3.66 on July 18, 2025, and increased institutional interest, including banks testing Ripple’s network for CBDCs, contributed to significant trading activity and price appreciation in the preceding weeks. Over the past week, XRP has risen more than 20%, with a robust 24-hour trading volume between $8.65 billion and $10.38 billion and a market capitalization ranging from $205 billion to $214 billion, reflecting its continued prominence and active participation in the cryptocurrency market.