XRP Slides 2.29% as Legal Uncertainty Grows, Volatility Hits 8-Year Low Despite Whale Activity

XRPUSDT experienced a 2.29% price decline over the past 24 hours on Binance, with the price falling from 2.1277 to 2.0790. The primary driver for this decrease is renewed legal uncertainty following a U.S. judge’s decision on June 26, 2025, which denied Ripple and the SEC’s joint request to end the ongoing case early, leaving restrictions on institutional sales in place and the penalty unresolved. This legal development has contributed to a cautious market sentiment and a reduction in spot XRP ETF approval odds, as reflected in predictive markets. Despite the price drop, whale accumulation continues, and trading activity remains robust, with a 24-hour trading volume of approximately $2.78 billion and a current market capitalization of about $208.97 billion. XRP’s volatility has reached its lowest level since 2016, indicating subdued price swings despite the ongoing legal and regulatory developments.