XRP Drops 5.82% Amid US PPI Shock, SEC Settlement Restrictions, and Surging Trading Activity

XRPUSDT experienced a 5.82% price decline over the past 24 hours, primarily attributed to broader market volatility following the latest US Producer Price Index (PPI) report, which heightened inflation concerns and triggered increased liquidations across the cryptocurrency sector. Additional factors influencing price movement include Ripple Labs' recent SEC settlement, which introduced new restrictions on XRP sales to institutional buyers, and observed patterns of large XRP transfers and wash trading activity since July 12, 2025.

Currently, XRPUSDT is trading at 3.1216 on Binance, with a robust 24-hour trading volume and market capitalization estimated between $180 billion and $185 billion. The asset has shown significant intraday volatility, ranging from a high of $3.35 to a low of $2.98, with technical indicators suggesting potential short-term consolidation near key support levels.