XRP Slides 5.28% to $2.13 Amid SEC Uncertainty and DeFi Growth on XRP Ledger

XRP is currently trading at $2.1351, reflecting a 5.28% decline over the past 24 hours (24h open: $2.2541), with this price drop primarily attributed to broader market volatility, ongoing legal uncertainty surrounding Ripple’s case with the SEC, and investor reaction to recent developments such as the launch of new DeFi projects and stablecoin integrations on the XRP Ledger. Despite positive ecosystem news, including Circle’s USDC integration and significant corporate interest from Trident Digital, the market remains cautious as regulatory and legal outcomes continue to drive sentiment. XRP maintains high liquidity with a 24-hour trading volume of $4.37 billion, a market capitalization of approximately $9.73 billion, and a circulating supply of 58.82 billion, trading within a range-bound environment as investors await further clarity on legal and regulatory fronts.