XRP Price Dips 2.74% After SEC Settlement, Trading Volume Surges to $417M on Binance

XRPUSDT experienced a 2.74% price decrease over the past 24 hours, with the current price at $3.1913 on Binance. The recent price volatility follows the official conclusion of Ripple's legal battle with the SEC, which confirmed XRP is not a security when traded on public exchanges and led to an initial surge in price and trading volume. While the settlement and increased institutional adoption, including a $200 million raise by Digital Wealth Partners Management, LLC, contributed to bullish sentiment and a rally earlier in the week, some capital rotation into new tokens such as Mutuum Finance (MUTM) has impacted short-term liquidity and contributed to the recent pullback. XRP remains highly active, with a 24-hour trading volume of $417.95 million on Binance and a market capitalization ranking #3, reflecting continued strong interest despite the latest price correction.