XRP Price Slides 2.14% Despite $62.9M ETF Inflows and Record Binance Trading Volume

XRPUSDT experienced a price decline of 2.14% over the past 24 hours, dropping from 1.9232 to 1.8821 on Binance. This downward movement is primarily attributed to broader market headwinds and negative sentiment affecting the cryptocurrency sector, despite strong institutional inflows into XRP spot ETFs, which totaled $62.9 million for the week and surpassed $1.2 billion over the recent 11-day period. Increased trading activity was observed, with 24-hour volume on Binance reaching 89.89 million XRP (170.45 million USDT), and the overall circulating supply standing at approximately 60.57 billion tokens. XRP’s market capitalization remains robust, positioning it among the top digital assets, while recent price action has been range-bound between $1.85 and $1.94.