XRP Slides 2.5% as 1 Billion Token Unlock Looms and Market Awaits ETF Decision

XRP is currently trading at $2.2881 with a 24-hour opening price of $2.3470, reflecting a 2.51% decline over the past day alongside a trading volume of approximately $1.82 billion and a market capitalization near $133.95 billion. The recent price decrease is likely influenced by anticipation of the upcoming 1 billion XRP token unlock scheduled for next week, which may introduce additional supply and impact short-term price dynamics, as well as broader market sentiment following mixed analyst forecasts and the ongoing wait for regulatory decisions on a spot XRP ETF. Despite positive developments such as increased institutional adoption, futures product launches, and legal clarity, these factors have not yet translated into upward price momentum, with XRP continuing to trade below its historical highs.