XRP Slides 3.89% Amid SEC ETF Review and Surging $2B Trading Volume on Binance
XRP is currently trading at $2.2485 on Binance, with a 24-hour opening price of $2.3394 and a price change of -3.89%, while trading volume remains robust at approximately $2.09–$2.11 billion and the circulating supply is around 58.69 billion XRP. The recent price decline is attributed to continued investor uncertainty surrounding the SEC's ongoing review of the WisdomTree XRP Fund spot ETF application, heightened regulatory scrutiny, and recent volatility following a failed attempt to break above key resistance levels, despite increased futures open interest and a surge in on-chain payment volume.