XRP Faces 2.28% Dip Amid Legal Uncertainty, Yet Institutional Inflows Hit $300 Million

XRP is currently trading at $2.1397 on Binance, with a 24-hour opening price of $2.1896 and a price change of -2.28%, supported by a robust trading volume of approximately $2.7–$3.68 billion and a market capitalization near $123 billion. The recent price decline over the past 24 hours is primarily attributed to heightened global economic tensions and ongoing uncertainty surrounding the SEC’s legal case with Ripple, which has led to increased volatility and bearish sentiment. Despite this, institutional interest has grown, highlighted by Webus International’s announcement of a planned $300 million XRP reserve and similar treasury moves by other firms, while market participants closely monitor ETF approval speculation and legal developments for potential future impact.