XRP Price Dips 2.36% Amid SEC ETF Decision Anticipation and Surging $11.8M Inflows

XRPUSDT is currently trading at $2.2045 on Binance, reflecting a 2.36% decline over the past 24 hours from an open of $2.2578. The recent price decrease follows a period of heightened volatility driven by anticipation of the U.S. SEC’s decision on a potential spot XRP ETF, which is expected today, and ongoing developments in Ripple’s legal proceedings with the SEC. Despite a recent rally fueled by whale accumulation, optimism over legal outcomes, and significant inflows into XRP investment products ($11.8 million last week), the price has retraced as traders react to uncertainty ahead of the ETF announcement and a temporary pause in legal proceedings. Market activity remains elevated, with 24-hour trading volume ranging from $5.26 billion to $9.6 billion and daily active addresses exceeding 295,000, indicating strong engagement amid major regulatory and legal catalysts.