XRP Price Retreats to $1.32 Amid Geopolitical Tensions

Ripple's XRP token has retreated to $1.32 due to a 3% daily decline and 7% weekly drop, according to recent market data.

The downward momentum is largely attributed to geopolitical tensions between the US and Iran, which have increased risk sensitivity among investors.

In contrast, XRP-focused exchange-traded funds in the US have attracted significant institutional capital, with $14 million in net inflows on Tuesday, bringing total cumulative inflows to $1.68 billion.

The XRP Ledger has surpassed 3 billion cumulative transactions, accompanied by a remarkable 200% increase in on-chain transaction volume, indicating robust network fundamentals despite cooling prices.