XRP Slides 3.85% Amid $125M SEC Penalty, Surging Volume, and Ongoing Regulatory Uncertainty

XRPUSDT experienced a 3.85% price decline over the past 24 hours, with the current price at 2.1101 USDT according to Binance data. The price drop follows a period of heightened volatility, which included a brief surge driven by increased whale activity, a spike in trading volume, and renewed retail interest. However, the imposition of a $125 million SEC penalty on Ripple and the rejection of a proposed settlement have contributed to ongoing regulatory uncertainty, likely impacting investor sentiment and pressuring the price downward. Despite the recent decline, XRP maintains strong liquidity, with a 24-hour trading volume of approximately $2.59 billion and continued high engagement across 1,632 active markets.