XRP Price Dips 2.92% After SEC Case Resolution—EVM Sidechain Launch and Institutional Inflows Shape Outlook

XRPUSDT is currently trading at $2.1739 on Binance, reflecting a 2.92% decline over the past 24 hours from a 24h open of $2.2394. The recent price decrease is primarily attributed to a combination of market volatility and profit-taking following the resolution of Ripple’s legal dispute with the SEC, which initially drove a price spike but was followed by a period of consolidation and indecision. Additional factors influencing price movement include the launch of the XRPL EVM Sidechain, which expands XRP’s utility for decentralized applications, and continued institutional interest as seen in recent ETP inflows. Trading volume has decreased, indicating reduced market activity, while XRP maintains a market capitalization around $128–130 billion and remains ranked as the #4 cryptocurrency by market cap.