XRP Dips 3.55% After Surge: ETF Launch, Institutional Demand, and $3 Breakout in Focus

XRPUSDT experienced a 3.55% price decline over the past 24 hours, with the current price at 2.8238 according to Binance. This short-term pullback follows a recent surge driven by positive developments such as the upcoming ProShares XRP ETF launch, increased institutional interest, and large-scale accumulation by major holders, particularly on Korean exchanges. Despite the recent dip, XRP remains near multi-year highs, supported by high trading volumes (over $11 billion in the last 24 hours) and a circulating supply of approximately 59 billion XRP. Market sentiment is mixed, with ongoing attention on the ETF launch and the potential for a breakout above the key $3 resistance level.