XRP Drops 6.17% After SEC Lawsuit Resolution, Trading Volume Remains Strong Amid Market Volatility

XRPUSDT experienced a notable price decline of 6.17% over the past 24 hours, with the current price at 3.0624 USDT on Binance, following an initial 24h open of 3.2639 USDT. The recent price movement is primarily attributed to profit-taking and market volatility after the conclusion of the SEC lawsuit against Ripple Labs, which had previously driven a surge in institutional demand and positive sentiment. Despite the short-term pullback, trading volume remains robust, reflecting continued high engagement from market participants, and XRP maintains a strong market capitalization with over 59.31 billion tokens in circulation.