XRP Drops 3.17% Amid SEC Lawsuit Settlement, Whale Sell-Off, and $6B Trading Surge

XRPUSDT experienced a 3.17% price decline over the past 24 hours, with the current price at 3.1862 on Binance. The drop is attributed to heightened market volatility following the SEC's conclusion of its lawsuit against Ripple with a $125 million fine, reports of a major whale sell-off, and mixed technical signals including an approaching overbought RSI and bearish sentiment below key resistance levels. Despite these pressures, XRP remains actively traded, with a 24-hour volume exceeding $6 billion and a market cap near $188 billion, while ongoing developments such as Ripple’s bank charter update, escrow activity, and ETF initiatives continue to drive market attention.