XRP Slides 2.1% Amid SEC Legal Uncertainty, ETF Hopes, and Surging $2.59B Trading Volume

XRP is currently trading at $2.1187 on Binance, reflecting a 2.10% decline over the past 24 hours from a 24h open of $2.1642. The recent price dip is primarily attributed to profit-taking after XRP encountered resistance near $2.32, as well as continued market uncertainty linked to ongoing legal developments with the U.S. SEC and anticipation surrounding the potential approval of an XRP ETF. Despite these headwinds, XRP remains one of the most actively traded cryptocurrencies, with a 24-hour trading volume of approximately $2.59 billion and a market capitalization near $26.9 billion. Institutional interest is rising, supported by the integration of USDC and tokenized U.S. Treasuries on the XRP Ledger, while technical indicators suggest traders are closely monitoring for a potential breakout or further correction in the near term.