XRP Drops 3.8% Amid Market Volatility, Yet Institutional Adoption and SEC Clarity Fuel Optimism

XRPUSDT has declined by 3.80% over the past 24 hours, with the current price at 2.8450 according to Binance. The price drop is primarily attributed to shifting market sentiment following recent volatility, including a significant liquidation imbalance reported earlier in the week and broader concerns about a potential crypto market downturn linked to Bitcoin’s performance. Despite the bearish session, trading volume remains robust, ranging from $4.4 billion to $6.81 billion, and XRP maintains a strong market capitalization near $170.24 billion. Recent regulatory clarity from the SEC lawsuit conclusion and ongoing institutional adoption, such as Wellgistics integrating XRP Ledger in U.S. pharmacies, continue to support long-term optimism for the asset.