The excitement surrounding the recent settlement between Ripple and the Securities and Exchange Commission (SEC), which had driven the price of XRP to new heights, has begun to subside, resulting in a notable decline of approximately 5% in the cryptocurrency's value. This drop can largely be attributed to a wave of profit-taking among investors who capitalized on the initial surge, leading to a temporary cooling off in the market as they lock in their gains.
source: https://www.coindesk.com/markets/2025/08/09/ripple-sec-settlement-rally-cools-as-xrp-drops-5-on-profit-taking