$XRP Slides 3.67% Amid Regulatory Uncertainty, ETF Launches, and $4.46B Trading Surge
XRPUSDT is trading at 2.1466, reflecting a 3.67% decline over the past 24 hours based on Binance data. The price drop is primarily attributed to ongoing market volatility, cautious investor sentiment ahead of a key regulatory deadline in the Ripple-SEC case, and broader market turbulence that has affected major cryptocurrencies. Additional factors influencing price include the recent launch of XRP futures-based ETFs, increased DeFi activity on the XRP Ledger, and institutional developments such as the integration of USDC and RLUSD stablecoins. Trading volume remains robust, with approximately $4.46 billion in 24-hour activity, as market participants closely watch technical support levels and await further regulatory clarity.