XRP Slides 4.33% After ETF Launch Surge Amid Profit-Taking and Market Volatility

XRP is currently trading at $2.3466 with a 24-hour trading volume exceeding $4.1 billion, reflecting a 4.33% price decline from the previous day. The recent drop in price follows a period of strong upward momentum, driven by the launch of the first U.S. XRP futures ETF on Nasdaq, Ripple’s settlement with the SEC, and growing institutional interest; however, the latest pullback is attributed to profit-taking after the ETF launch, market volatility linked to Wall Street stablecoin initiatives, and broader fluctuations in the altcoin sector despite ongoing optimism from technical indicators and upcoming regulatory decisions.