XRP Drops 4.10% After Ripple’s SEC Settlement, Legal Clarity Sparks Institutional Interest

XRPUSDT experienced a 4.10% price decrease over the past 24 hours, with the current price at 3.1994 USDT on Binance. The recent price movement follows the conclusion of Ripple's SEC case, which resulted in a $125 million fine and the removal of the "Bad Actor" designation, providing legal clarity and boosting institutional interest. Despite positive developments such as Ripple's pursuit of a bank charter, increased corporate treasury adoption, and strong trading volume, short-term volatility was observed, likely due to profit-taking after the initial price surge and concerns raised by some analysts. XRP remains the third-largest cryptocurrency by market capitalization, with a 24-hour trading volume of 460.11 million USDT on Binance and a circulating supply of over 59.3 billion coins.