The price of XRP has declined below $2, a level not seen since April, amid increased selling pressure. This price decrease occurred despite several positive developments for Ripple and the XRP ecosystem, including conditional regulatory approval and the launch of cross-border transfers by AMINA Bank using Ripple's technology. Additionally, the RLUSD stablecoin expanded to Ethereum Layer-2 networks, and Hex Trust launched wXRP on multiple blockchains. Despite these advancements and record institutional demand with consecutive days of net buying in US-listed spot XRP ETFs, XRP's price has fallen, creating a divergence between ecosystem victories and price action. The decline is attributed to profit-taking by early investors, a decrease in leverage, and a contraction in liquidity.

The price of XRP has declined below $2, a level not seen since April, amid increased selling pressure. This price decrease occurred despite several positive developments for Ripple and the XRP ecosystem, including conditional regulatory approval and the launch of cross-border transfers by AMINA Bank using Ripple's technology. Additionally, the RLUSD stablecoin expanded to Ethereum Layer-2 networks, and Hex Trust launched wXRP on multiple blockchains. Despite these advancements and record institutional demand with consecutive days of net buying in US-listed spot XRP ETFs, XRP's price has fallen, creating a divergence between ecosystem victories and price action. The decline is attributed to profit-taking by early investors, a decrease in leverage, and a contraction in liquidity.