As of February 28, 2025, $XRP is trading at a price of $2.02, which is $0.20 (9.01%) lower than the previous close. During the day, the price fluctuated between $1.97 and $2.26.

Recent news indicates significant changes in the market #XRP. . In particular, large XRP holders (so-called "whales") sold tokens worth $851 million, indicating a deterioration in market sentiment.

Additionally, the U.S. Securities and Exchange Commission (SEC) has appealed a July 2023 court ruling that limited its regulatory authority over cryptocurrency markets. This ruling concerned XRP tokens sold by Ripple Labs on public exchanges that were not recognized as securities.

It is also worth noting that the price of XRP has experienced a significant decline this month, dropping nearly 30% from its peak in January.