XRP Slides 2.28% Amid ETF Approval, Ripple-Guggenheim Partnership, and Surging $2.1B Volume

XRPUSDT is currently trading at 2.2421, reflecting a 2.28% decline over the last 24 hours from a 24h open of 2.2944, with robust trading volume exceeding $2.1 billion. The recent price pullback follows a period of heightened volatility driven by significant developments, including the SEC’s approval of XRP futures ETFs under the ProShares Trust and anticipation of upcoming spot ETF decisions, which initially fueled a rally to intraday highs near $2.36. Additional factors influencing price action include Ripple’s partnership with Guggenheim Treasury Services to tokenize US Treasury bonds on the XRP Ledger and a substantial increase in on-chain activity, as well as ongoing regulatory uncertainty due to the unresolved SEC lawsuit. Despite the short-term decline, investor interest remains strong, supported by institutional activity, elevated on-chain volume, and continued speculation around future regulatory clarity and ETF approvals.