XRP Price Drops: Analyzing Recent Trends and Potential Risks

Ripple’s XRP price has experienced a notable decline this week, lagging behind other major cryptocurrencies like Bitcoin, Ethereum, BNB, and SOL. Currently trading around $2.37, XRP has dropped over 5% in the last seven days and an additional 3.4% in the past 24 hours according to Coingecko data. This downturn has reversed XRP’s recent rally following the settlement agreement with the SEC in March.