XRP experienced a significant price decline due to technical issues on the XRP Ledger, losing almost 11% within a day and currently priced at 2.41 USD.
The open interest for XRP futures contracts fell to a monthly low of 3.52 billion USD, down from a recent peak of 7.62 billion USD.
Despite recent setbacks, XRP has gained 377% over the past year, with notable price fluctuations linked to political events.