XRP Slides 3.6% Amid Inflation Fears, Yet Maintains Strong Institutional Inflows and $10.5B Volume

XRPUSDT experienced a 3.60% price decline over the past 24 hours, with the current price at 3.1362 according to Binance. The drop is primarily attributed to broader market weakness following the latest U.S. Producer Price Index report, which heightened inflation concerns and led to risk-off sentiment across cryptocurrencies. Additional volatility was observed due to increased liquidations of long positions and technical pressure near key support levels. Despite the downturn, XRP remains a leading asset by market capitalization, with a 24-hour trading volume exceeding $10.5 billion and active institutional inflows, supported by recent regulatory clarity after the conclusion of Ripple's legal case with the SEC and the launch of RLUSD stablecoin.