Recent regulatory developments and market volatility have significantly impacted XRP’s price. Following the SEC dropping its appeal in the Ripple case, XRP witnessed a substantial 25% price drop, with over $47 million in liquidations recorded. While this indicates market uncertainty, analysts like crypto expert Joao predict potential for further price drops if bearish pressure persists. However, a favorable outcome could emerge if regulatory changes pave the way for a spot ETF approval, potentially leading to a significant price rally. 25% of XRP’s market value has been wiped out. This situation highlights the interconnectedness of various factors influencing crypto markets, including legal decisions and investor behavior.