XRP Slides 4.52% Amid Regulatory Uncertainty and ETF Odds Shift Despite Strong $4.34B Volume
XRPUSDT is trading at 2.1375 on Binance, reflecting a 4.52% decline over the past 24 hours (24h open: 2.2388). This price decrease is primarily attributed to shifting sentiment around upcoming SEC and ETF decisions, as well as a recent drop in ETF approval odds on Polymarket. While positive developments such as the approval and launch of ProShares XRP futures ETFs and increased institutional activity have supported XRP in recent weeks, ongoing legal uncertainty in the U.S. and the approach of key regulatory deadlines have contributed to subdued market sentiment and increased caution among traders. Trading volume remains robust, with $4.34 billion reported in the last 24 hours, and the price continues to move within a range as market participants await further regulatory clarity.