XRP Drops 8.27% Amid US Seizure Speculation and DeFi Shift Despite ETF Approval

XRPUSDT experienced a notable price decline of 8.27% over the past 24 hours, dropping from a 24h open of 2.1195 to a current price of 1.9442 on Binance. This downward movement is primarily attributed to renewed speculation and uncertainty regarding potential US government seizure of Ripple’s escrowed XRP, as reported by fxempire.com, which has increased investor nervousness and contributed to short-term selling pressure. Additionally, a shift in investor focus toward emerging DeFi tokens and a reported slowdown in XRP Ledger network activity have weighed on sentiment, despite recent positive developments such as the dismissal of the SEC lawsuit against Ripple, improved regulatory clarity, and the approval of XRP futures ETFs. Trading volume remains robust, but the market is currently characterized by heightened volatility and cautious sentiment, with price forecasts suggesting a possible further test of lower support levels if uncertainty persists.