XRP Slides 4.36% Amid Legal Uncertainty, Yet ETF Approval and Cardano Plans Spark Interest

XRP is currently trading at $2.1639, reflecting a 4.36% decline over the past 24 hours from a 24h open of $2.2626, according to Binance data. The price decrease is primarily attributed to heightened market volatility amid anticipation of key legal developments in the ongoing Ripple vs. SEC lawsuit, as well as profit-taking following recent gains and increased on-chain activity. Despite the short-term pullback, XRP remains highly liquid with a 24-hour trading volume near $5 billion and active participation across over 1,600 exchanges. Recent regulatory approval for the Purpose XRP ETF in Canada and plans to integrate XRP into Cardano’s Midnight sidechain have generated renewed interest, but ongoing legal uncertainty and global financial tensions are contributing to cautious market sentiment.