XRP Faces 3.46% Dip Amid Rising Exchange Reserves

XRP is currently trading at $2.3525 on Binance, with a 24-hour opening price of $2.4369 and a 24-hour price change of -3.46%; trading volume remains elevated, and the circulating supply is approximately 58.69 billion XRP. The recent price decline over the last 24 hours is likely attributed to increased exchange reserves, particularly on Binance, which may signal heightened selling pressure, alongside market consolidation below key resistance levels despite positive developments such as the launch of the first U.S.-based XRP futures ETF and the conclusion of Ripple’s legal case with the SEC.