XRP Token Sees 4.21% Drop Amid ETF Speculation and Institutional Moves After SEC Lawsuit

XRPUSDT experienced a 4.21% price decline over the past 24 hours, with the current price at 3.1761 on Binance. The price movement is primarily attributed to post-SEC lawsuit developments, including increased institutional activity and speculation about a potential spot XRP ETF, which initially drove prices higher. However, selling pressure from large holders and profit-taking following the recent rally have contributed to the current consolidation and pullback. XRPUSDT maintained substantial trading volume, with recent highs near 3.38 and lows around 3.007, and continues to hold above key support levels amid ongoing volatility and cautious optimism in the broader altcoin market.