XRP recently experienced a downturn that erased earlier gains, leading to significant sell-offs worth 256 million dollars. This sell-off has ignited panic among investors, raising concerns about XRP’s stability in the current market conditions. Surprisingly, despite the drop in price, funding rates remain positive, suggesting that some traders still hold faith in XRP’s potential rebound. This duality presents a complex narrative for XRP bulls, who must navigate the challenges posed by investor sentiment and market volatility. As this scenario unfolds, observers will be closely watching to see if XRP can recover from this slump.