XRP Price Dips 2.11% Amid $5.83B Trading Surge and Major Ripple, RLUSD Developments

XRPUSDT experienced a 2.11% price decline over the past 24 hours, with the current price at 3.2259 USDT on Binance. The recent price movement can be attributed to profit-taking following a strong rally earlier in the month, as well as market-wide caution ahead of key U.S. economic data and Federal Reserve announcements. Notable developments such as Ripple’s acquisition of Rail, integration of XRP by Lytus Fintech, and increased whale activity linked to the RLUSD stablecoin launch have contributed to heightened trading volumes, which reached approximately $5.83 billion on Binance. XRP remains a leading digital asset, ranking #3 by market capitalization, with a circulating supply of 59.31 billion tokens and a total supply capped at 100 billion.