XRP Price Dips 2.89% Amid Legal Uncertainty, Whale Accumulation Surges After XRPL 2.5 Launch

XRPUSDT is trading at 2.1237 on Binance, down 2.89% over the past 24 hours from a 24h open of 2.1869. The price decline follows a period of consolidation and coincides with recent regulatory developments, including the court’s decision to deny Ripple and the SEC’s request to end their lawsuit early, which has extended regulatory uncertainty for XRP. Despite this, the launch of XRPL version 2.5 with new features such as batch transactions, token custody, and permissioned DEXs has driven increased on-chain activity and notable whale accumulation, with over 10 million XRP acquired by large holders and net inflows of 9.43 million XRP on Binance in the last day. Market capitalization stands at approximately $129.4 billion with a 24h trading volume of $2.59 billion, and while the asset has shown resilience and institutional interest, current sentiment reflects caution amid ongoing legal proceedings and recent price volatility.