XRP Volatility Rises Amid Institutional Selling, New Products

XRP has recently experienced heightened volatility, falling below $3 amid institutional selling and global economic uncertainty, with recent support found at $2.75 and the possibility of a deeper correction to $2.20–$2.60 if bearish trends persist. Technical analysts see a potential rally if XRP breaks the $3.70 resistance. Despite short-term weakness, XRP remains a top-performing large-cap cryptocurrency, up 400% year-over-year, and has outperformed Ethereum in Coinbase's Q2 trading revenue following its relisting after favorable SEC legal outcomes. Coinbase’s Q2 report shows XRP contributed significantly to the exchange's earnings, particularly in the U.S. New financial products like HashJ's XRP participation contracts are expanding investor access to XRP, while traders are also exploring emerging DeFi projects like Remittix for diversification. Institutional adoption and regulatory clarity continue to support XRP's long-term outlook.