XRP is trading at $14.95 (-3.11%) as broad risk-off pressure across the cryptocurrency market offsets recent positive network developments.
- Major assets are seeing a synchronized decline, with Bitcoin down 1.86%, Ethereum falling 2.43%, and Solana dropping 2.99%.
- Despite the selloff, the Bitwise XRP ETF recorded a $2.3066 million inflow on May 21, while the network added 4,300 new addresses.