XRP Holds Steady at $2.20 Amid SEC ETF Decision Anticipation and $100M Treasury Moves

XRP is currently trading at $2.2041 on Binance, with a 24-hour trading volume of approximately $1.96 billion and a price change of -2.21% from the 24-hour open of $2.2538, as the token consolidates within a tight range after recent volatility. The price movement over the past 24 hours is attributed to a combination of factors, including anticipation around the upcoming SEC decision on a potential spot XRP ETF, increased speculative activity highlighted by a surge in open interest, and recent treasury movements totaling $100 million; broader market conditions, such as Bitcoin's stability near $105,000 and global economic developments like US-China trade tensions, have also influenced sentiment and contributed to the observed price fluctuations. Additionally, positive developments such as the approval of Ripple’s RLUSD stablecoin in Dubai and the launch of a real estate tokenization pilot on the XRP Ledger have supported overall interest in the asset.