XRP dominated trading on Binance, reaching over 116.6 million USD in volume. Despite a 25% price drop, it quickly rebounded, driven by a robust user base and increasing transaction activity. The active wallets surged significantly, indicating growing investor confidence.

The SEC’s classification of XRP as non-security in July 2023 strengthened its market position. Over the past two years, the number of wallets holding XRP increased by 5.75 million, a 28% rise, reflecting strong market reliability and heightened demand.