XRP retreated from recent gains as it consolidated near $1.41 following a cross-border tokenized U.S. Treasuries transaction on the XRP Ledger. The move occurred even as Ripple advanced institutional use cases with major partners.
XRP fell from $1.4534 to $1.4137 over a 24-hour period ending May 7, reversing after an earlier attempt to hold above $1.45. Heavy selling during the May 6 session drove volume to 131.28 million tokens and pushed price briefly below $1.41 before it stabilized in the $1.40 to $1.41 breakout zone.
