As of August 11, 2024, the price of XRP against the US Dollar (XRP/USDT) is approximately $0.586. This marks a slight increase of about 0.71% from the previous day. Over the past week, XRP's price has experienced fluctuations, with highs around $0.618 and lows near $0.490. The recent surge can be attributed to market reactions to legal developments surrounding Ripple, which have generally been seen as positive for the cryptocurrency.
However, the market remains volatile, and XRP's price has not yet recovered to its levels from earlier in the year, reflecting broader uncertainties in the crypto market$XRP