XRP price started a steady increase above $1.1650. The price is now consolidating gains and might aim for more gains above the $1.20 zone. XRP price started a steady increase above the $1.150 zone. The price is now trading above $1.160 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $0.140 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.20. XRP Price Aims for Fresh Increase XRP price started a fresh upward move above $1.1450 and $1.150, like Bitcoin and Ethereum. The price gained pace for a clear move above the $1.1680 resistance. The bulls even pumped the price toward the $1.1880 zone. A high was formed at $1.1926, and the price started a consolidation phase above the 23.6% Fib retracement level of the upward move from the $1.0879 swing low to the $1.1926 high. The price is now trading above $1.180 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $0.140 on the hourly chart of the XRP/USD pair. If there is a fresh upward move, the price might face resistance near the $1.1920 level. The first major resistance is near the $1.1950 level, above which the price could rise and test $1.20. A clear move above the $1.20 resistance might send the price toward the $1.2150 resistance. Any more gains might send the price toward the $1.2220 resistance. The next major hurdle for the bulls might be near $1.2250. Downside Correction? If XRP fails to clear the $1.20 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.1680 level. The next major support is near the $1.1550 level. If there is a downside break and a close below the $1.1550 level, the price might continue to decline toward $1.1400, the trend line, and the 50% Fib retracement level of the upward move from the $1.0879 swing low to the $1.1926 high. The next major support sits near the $1.1280 zone, below which the price could continue lower toward $1.1120. The main support could be $1.080. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $1.1680 and $1.1400. Major Resistance Levels – $1.1920 and $1.2000.
XRP bulls are trying to turn a brutal selloff into something bigger than a relief bounce. An interesting setup shows a possible three-part impulse from the recent low around $1.05, but the entire setup still depends on whether buyers can force the price through the levels that broke during the crash. XRP’s Chart Is Trying To Build A Three-Part Impulse An interesting technical analysis of the XRP price is centered on a possible three-leg recovery structure, with the cryptocurrency’s latest low around $1.07 acting as the starting point. From there, the projected path shows an impulsive move into the $1.94 region, a pullback into the $1.46 zone, and then a much larger advance into the upper resistance band between $2.39 and $3.11. Related Reading: XRP Is Oversold On Every Time Frame, And This Could Be The Bullish Signal Everyone Is Waiting For The interesting chart, which was shared on X by RWA_Investor, shows a macro corrective sequence playing out from XRP’s highs above $3 since last year, a classic W-X-Y double zigzag that has consumed months of price history. The first leg, Wave W, completed a full ABC decline, bottoming at a major low labeled (C)/(W) on the chart in early February. A linking wave X then produced a counter-rally that pushed the XRP price above $1.50 in the middle of May with an internal structure of its own (X)-(A)-(B) sequence before rolling over. That rollover initiated the final Y leg, which has now pushed the XRP price down to the $1.12 range again at the time of writing. The Impulse Setup Back Above $3 Now that the (C)/(Y) wave is playing out at current lows around $1.12, the setup is an anticipated change from correction to a bullish impulse wave. Related Reading: The XRP Dream Has Changed: Why A Rally To $10 Could Happen Despite Disappointment The projected move is a three-wave ABC recovery that targets a destination box between $2.39 and $3.11. Wave A is expected to push toward the $2.12 level; however, this projection does not give XRP a free pass. There’s a support/resistance trendline around $1.46, which is going to be the first test, and there’s another possible rejection test around $2.12. Wave B would then retrace back to around $1.46, but this shakeout should not be mistaken for bearishness. Wave C, the final and strongest leg of the sequence, is going to be characterized by a move into a target zone anywhere between $2.70 and $3.10. A break above $3.10 would suggest that XRP has already found its macro bottom at $1.05. In that scenario, the three-part structure would begin to look like the beginning of a broader trend reversal into new all-time highs. If XRP fails below the upper band and loses momentum after the projected rebound, then it could eventually revisit the $0.75 to $1 range to complete a corrective macro wave 2. Interestingly, multiple analysts have identified the $0.87 to $0.92 region as a potential bottom target for XRP under a corrective macro wave. Featured image from Freepik, chart from Tradingview.com
XRP price started a downside correction below the $1.150 zone. The price is now showing bearish signs and might decline further below $1.080. XRP price started a downside correction after it failed to stay above the $1.1550 zone. The price is now trading below $1.1350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.1350. XRP Price Turns Red XRP price struggled to stay above $1.1550 and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $1.150 and $1.1420 levels. The price even traded below the 50% Fib retracement level of the upward move from the $1.050 swing low to the $1.1862 high. However, the bulls are currently protecting the $1.10 support zone. Besides, there is a bearish trend line forming with resistance at $1.120 on the hourly chart of the XRP/USD pair. The price is now trading below $1.1350 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.120 level. The first major resistance is near the $1.1350 level, above which the price could rise and test $1.1420. A clear move above the $1.1420 resistance might send the price toward the $1.1550 resistance. Any more gains might send the price toward the $1.1650 resistance. The next major hurdle for the bulls might be near $1.1840. Downside Continuation? If XRP fails to clear the $1.1350 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.10 level. The next major support is near the $1.080 level or the 76.4% Fib retracement level of the upward move from the $1.050 swing low to the $1.1862 high. If there is a downside break and a close below the $1.080 level, the price might continue to decline toward $1.0650. The next major support sits near the $1.050 zone, below which the price could continue lower toward $1.020. Any more losses might call for a test of $1.00. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.1000 and $1.080. Major Resistance Levels – $1.1200 and $1.1350.
XRP has entered one of its most uncomfortable technical zones in months. The cryptocurrency has now broken below a support base that had held since February, but the selloff has not yet turned into a collapse below $1. Instead, the daily chart shows the XRP price landing on a much older descending channel support that has guided it lower since August 2025. That leaves the cryptocurrency in a difficult position that shows the breakdown is real, but so is the possibility that the latest liquidation has simply carried XRP into a deeper support line that still gives bulls a chance. XRP Breaks February Support, But Finds A Lower Channel Floor Technical analysis of the daily XRP chart shows a clear loss of the straight support range that had held the market together since February. For months, XRP moved mostly sideways between $1.25 and $1.55, with buyers repeatedly stepping in each time the price returned to the lower boundary. Related Reading: The XRP Dream Has Changed: Why A Rally To $10 Could Happen Despite Disappointment That structure finally gave way in early June, and XRP fell within the range with a daily candle that pushed the price into $1.10. This move was accompanied by various on-chain signals dropping to bear levels and the XRP profit/loss ratio falling to its lowest levels since 2024. However, an interesting part of the price action is where the selloff stopped. XRP seems to have found support on the lower line of a broader descending channel that has been active since August 2025. This larger channel has contained nearly every major XRP move for months, and the latest liquidation wick landed almost exactly where buyers needed it to land to keep that bigger structure alive. Bulls Still Have A Chance According to crypto analyst Guy on the Earth, XRP finding support at this descending channel could be something or it could be nothing. In order for this move to mean something, the first level that matters is $1.10. A loss of $1.10 would weaken the channel-support argument. Therefore, the XRP price needs to hold above $1.10. So far, bulls are doing well to that effect, with XRP currently trading at $1.12 and an intraday high of $1.17. Related Reading: XRP Is Oversold On Every Time Frame, And This Could Be The Bullish Signal Everyone Is Waiting For The next upside level to watch is $1.27. That price level is important because it was close to the lower boundary of the February to May range before the breakdown. Former support often becomes resistance once price loses it, and a return to $1.27 would therefore be the first real test of whether XRP is only bouncing from oversold conditions or beginning to repair the damage from the breakdown. Crypto analyst Guy on the Earth believes XRP could soon put traders in a difficult position with a quick move toward $1.96, suggesting that the next major rally may arrive with explosive force after months of persistent downside. Featured image from Getty Images, chart from Tradingview.com
The relationship between traditional banking and digital assets continues to evolve as SBI Shinsei Bank prepares to launch a pilot program to integrate blockchain-based solutions into its payment infrastructure. This initiative represents a unique step toward integrating cryptocurrency incentives into conventional banking products. A New Pathway For Banking Customers To Access XRP Japan SBI Shinsei Bank is preparing to introduce a new way for customers to interact with digital assets by allowing them to convert a portion of their deposit interest into cryptocurrency rewards, including XRP. According to RippleXity’s post, the pilot scheduled to launch on June 10 represents a notable step toward integrating crypto exposure directly into traditional banking products. Related Reading: Ripple Partner Thunes Unveils Development That Could Strengthen XRP’s Global Payment Narrative This will enable customers to access digital assets through their existing savings activities rather than through separate trading platforms. Under the reported framework, customers will continue to earn interest on their yen deposits as normal, but will have the option to convert approximately 20% of the interest into crypto vouchers. These vouchers can then be redeemed for assets such as Bitcoin, Ethereum, or XRP at real-time market rates at the moment of conversion. Furthermore, the pilot is launching on June 10, with a full rollout expected by autumn 2026. This initiative is built in SBI’s existing Hyper Deposit product and aligns with its broader digital asset strategy, including the anticipated launch of RLUSD in Japan. RippleXity argues that this development matters because SBI is one of Japan’s most powerful financial conglomerates and Ripple’s long-standing partner since 2012. Rather than requiring customers to use a separate crypto application, this model integrates XRP seamlessly into Japanese banking. Millions of users could gain passive exposure to XRP simply by holding funds in their bank accounts. In essence, SBI is not just offering crypto as an add-on service; it is incorporating XRP into the fundamental mechanics of saving money. Regulatory Clarity May Create New Opportunities For XRP Ledger The implementation of the GENIUS Act could mark a pivotal moment for XRP by significantly amplifying its real-world utility. An analyst known as SMQKE on X has revealed that the legislation introduces clear reserve requirements, structured licensing frameworks, and interoperability standards designed to integrate stablecoins. This move will introduce Ripple’s RLUSD into the core of mainstream financial systems while reducing systemic risk. Related Reading: XRP Ledger Targets Flash Loan Attacks With New DeFi Security Proposal SMQKE noted that for XRP, this regulatory clarity could amplify its utility since RLUSD transactions on the XRP Ledger already account for over 95% of stablecoin activity on the Ledger. As RLUSD adoption expands under a regulated framework, each transaction on the XRPL continues to rely on XRP as a fee payment mechanism. These fees contribute to a deflationary dynamic by permanently burning a small amount of XRP with every transaction. Featured image from Getty Images, chart from Tradingview.com
XRP is struggling around $1.15 as fear and uncertainty define the current market environment, and holders search for evidence that the current level represents support rather than a temporary pause before further decline. The price is under pressure — and a CryptoQuant analyst has identified a derivatives reset that occurred during the latest sell-off that reveals a sharp divergence between two of the largest XRP trading venues in the world. Related Reading: Ethereum OG Nails The Crash: Sells $188M, Buys Back Lower The sell-off triggered a forced deleveraging event on Bybit that the data makes impossible to dismiss. XRP open interest on Bybit fell to approximately $181 million — its lowest level since February 13, when it stood near $180 million. The current reading represents a 36% decline from Bybit’s recent peak of $283 million on May 22. A third of the leveraged XRP positioning on one of the most active derivatives venues in the market was flushed out in a compressed timeframe — the behavioral signature of forced exits rather than voluntary position management. Binance tells a completely different story. XRP open interest on Binance remained near $246 million following the same price decline — only approximately 2.4% below its recent high of $252 million recorded on June 2. While Bybit was experiencing a 36% open interest contraction, Binance was holding its positioning almost entirely intact. Two major venues. The same asset. The same price decline. Completely opposite derivative responses. The divergence between them is the structural signal that the CryptoQuant analysis examines — and what it reveals about the health of the current XRP market structure at $1.15 is the most important analytical question the data is currently raising. The Next Move Comes From One Exchange The liquidation data confirms what the open interest divergence implied. XRP’s decline was not driven purely by spot selling — forced exits from leveraged long positions amplified and accelerated the move. Multiple liquidation events exceeded $3.5 million with long liquidations dominating throughout. The futures volume data adds the scale context. On June 5, Binance recorded approximately $1.85 billion in XRP futures volume. Bybit contributed $727 million, OKX $429 million, and Bitget $423 million — a combined $3.43 billion across four venues in a single session. The derivatives market was not disengaged during the decline. It was processing an enormous volume of forced and voluntary position changes simultaneously. XRP Futures Trading Volume By Exchange | Source: CryptoQuant The recovery from the $1.055 low back above $1.14 — a rebound exceeding 8% — provides evidence that the sell-off contained a leverage flush component rather than representing a complete breakdown in underlying demand. When forced liquidations drive a significant portion of the decline, the price tends to recover once exits are complete and genuine buyers emerge. The structure that remains is specific. Bybit has deleveraged sharply with open interest reset to February levels — fragile positioning cleared. Binance remains near its recent highs with positioning almost entirely intact. The next major XRP derivatives development will originate from Binance — the venue carrying the most residual exposure and the exchange that has not yet experienced the reset Bybit completed during the sell-off. Related Reading: XRP Just Printed A Rare Binance Signal As Market Volatility Accelerates XRP Clings To $1.15 After Losing Key Support XRP is trading around $1.15 after a prolonged decline that has erased much of the advance generated during the second half of 2025. The chart shows a market that remains under pressure, but one that is also approaching a critical inflection point after testing its lowest levels of the year. XRP consolidates below $1.15 level | Source: XRPUSDT chart on TradingView The dominant feature on the 3-day timeframe is the persistent sequence of lower highs and lower lows that began after XRP peaked near $3.50. Every major recovery attempt since then has been rejected beneath the previous swing high, confirming that sellers remain in control of the broader trend. More recently, XRP lost the important $1.25-$1.30 support area, triggering another leg lower toward the psychological $1.10 region. Related Reading: Why Did Bitcoin Crash? On-Chain Data Points To One Missing Ingredient From a structural perspective, the current price zone is significant because it sits near the lows established during the first quarter correction. Buyers have repeatedly defended this area, preventing a complete breakdown despite multiple tests. However, the rebound attempts have been weak, indicating that demand remains limited. The moving averages continue to reflect bearish conditions. XRP is trading below the 50-period, 100-period, and 200-period moving averages, while the 50-period average is acting as dynamic resistance near $1.40. Until price reclaims that level, any bounce remains technically corrective rather than trend-changing. The key support remains between $1.05 and $1.10. A decisive loss of that zone could expose XRP to a deeper retracement toward the $0.90-$1.00 region. Conversely, reclaiming $1.30 and then $1.40 would be the first signal that buyers are beginning to regain control after months of sustained weakness. Featured image from ChatGPT, chart from TradingView.com
XRP price started a downside correction below the $1.1840 zone. The price is now showing bearish signs and might decline further below $1.10. XRP price started a downside correction after it failed to stay above the $1.1750 zone. The price is now trading below $1.150 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1.1620 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.150. XRP Price Dips Once Again XRP price struggled to stay above $1.1620 and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $1.160 and $1.1550 levels. There was a break below a bullish trend line with support at $1.1620 on the hourly chart of the XRP/USD pair. The price even traded below the 38.2% Fib retracement level of the upward move from the $1.050 swing low to the $1.1863 high. The price is now trading below $1.160 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.1350 level. The first major resistance is near the $1.1420 level, above which the price could rise and test $1.150. A clear move above the $1.150 resistance might send the price toward the $1.1580 resistance. Any more gains might send the price toward the $1.1650 resistance. The next major hurdle for the bulls might be near $1.1840. More Downside? If XRP fails to clear the $1.150 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.1020 level or the 61.8% Fib retracement level of the upward move from the $1.050 swing low to the $1.1863 high. The next major support is near the $1.1072 level. If there is a downside break and a close below the $1.1072 level, the price might continue to decline toward $1.1020. The next major support sits near the $1.10 zone, below which the price could continue lower toward $1.080. Any more losses might call for a test of $1.050. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.1020 and $1.080. Major Resistance Levels – $1.1500 and $1.1840.
XRP is now oversold across all major time frames, signaling weakening momentum as its price continues to test key support levels. Crypto analyst Dark Defender revealed that this could be the bullish signal the broader market has been waiting for, suggesting a potential rebound may be on the horizon. He based his outlook on historical patterns, noting that the last time XRP reached similar oversold conditions, the cryptocurrency experienced a sharp rally to new highs. XRP Oversold Levels Signal Explosive Triple-Digit Rally In an X post on June 6, Dark Defender noted that XRP’s Relative Strength Index (RSI) is showing extreme downward pressure, as the cryptocurrency has fallen into deep oversold territory across multiple chart views. According to the analyst, the last time XRP fully confirmed this textbook oversold structure was when it traded around $0.56 in 2024. After which, the cryptocurrency’s price exploded to $3.66, representing a more than 550% gain. Related Reading: Analyst Says XRP Is About To Have A ‘Phoenix Moment’, What This Means For Price Dark Defender highlighted that XRP is currently trading above $1.10 and has reached the same oversold levels. If historical trends play out as expected, the analyst believes that XRP could experience a similar price surge. Specifically, Dark Defender is projecting a double or triple-digit rally for XRP. He noted that this price reversal is closer than investors think, highlighting his confidence in XRP’s ability to break out of its ongoing downtrend. While historical trends can provide insight into how a cryptocurrency could move, they do not automatically guarantee its price direction. In 2024, XRP did not just run straight to $3.6; it also confirmed a bottom around $0.5 before reaching that target. Following the analyst’s logic, it could mean that XRP has confirmed its price floor for this cycle, setting the stage for a renewed bull trend. If this is true, it would officially end XRP’s bear market trend, which has been ongoing since the beginning of the year. Notably, CoinMarketCap data show that XRP has fallen more than 12% over the past two weeks and more than 18% over the last month. These price declines have been fueled by massive selling pressure, weak structure, and a lack of bullish drivers. Despite its poor performance, analysts like Dark Defender still maintain strong bullish stances on XRP’s long-term outlook. Analyst Says XRP Breakout Level Remains Unchanged Sharing a similar bullish projection, crypto analyst Javon Marks has declared that XRP’s breakout target has not changed despite recent price declines and weak momentum. Marks projected a potential rally toward $15-$18, suggesting that XRP’s underlying bullish fundamentals are still intact. He expects XRP to recover sharply from bearish trends after it breaks above the upper boundary of the triangle pattern highlighted on the accompanying chart. If this happens, it could lead to a price surge of roughly 1,100%. Featured image from Adobe Stock, chart from Tradingview.com
As the XRP price attempts to rebound from its recent lows, Glassnode has shared key on-chain metrics pointing to weakening momentum and “intense capitulation.” Related Reading: Bitmine Makes Largest Ethereum Purchase Of 2026 As Tom Lee Dismisses Market Selloff XRP Profit/Loss Ratio Falls To Lowest Levels Since 2024 On Tuesday, market intelligence platform Glassnode revealed that XRP is flashing warning signals, with key on-chain indicators pointing to widespread capitulation and decreasing network activity. In an X post, Glassnode researchers highlighted that the 90-day moving average (MA) of the altcoin’s Realized Profit-to-Loss Ratio has fallen to an area historically associated with deeper downtrends and periods of market capitulation. Notably, the key metric has dropped to 0.38, its lowest level since 2024, meaning that for every dollar of losses realized in the market, only 38 cents in profit are being taken. This marks a significant reversal from the 2025 peak, when the ratio surged to 50, indicating profit-takers outpaced loss-sellers by a factor of 50. That dynamic has now fully inverted, Glassnode affirmed, adding that a ratio this low suggests that most participants moving XRP are exiting their positions at a loss, which is “a hallmark of intense capitulation.” In addition, the blockchain analytics firm pointed out that network activity has declined significantly. According to the data, the 90-day average of total transaction fees paid on the XRP network has fallen from 5,900 XRP in February 2025 to just 500 XRP, representing a 91.5% drop. “A drop of this magnitude is not a fee market adjustment. It reflects a near-total contraction in organic transaction demand on the network since the speculative peak,” Glassnode affirmed. The drop in these indicators suggests investor confidence has weakened, and the market has shifted to reduced speculative appetite with subdued participation. Is XRP’s Bottom Near? Over the past two weeks, XRP’s price has retraced nearly 15%, falling to its lowest levels since November 2024. Amid this performance, analyst ChartNerd noted that the cryptocurrency’s bear markets have historically lasted 400-790 days with 85-96% drops. Currently, the altcoin has only corrected for approximately 350 days, with a 71% retracement from the July highs. However, “the duration and % depth of these bears are diminishing over time; therefore, the territory for marking a historical bottom between now and EOY is fast approaching,” he stated. He also observed that the altcoin closed below its 200-week Simple Moving Average (SMA) last week, which could also signal that the bottom may be on the horizon. As he explained, during prior cycles, a structural bottom formed between 8 and 29 weeks after the first weekly close below this SMA, suggesting that XRP could begin forming its bottom in the coming months, if history repeats. Meanwhile, market watcher Ali Martinez noted that XRP could be mirroring the same pattern it has repeated since 2018, as it may be approaching its largest buying zone in the last eight years. Related Reading: Bitcoin’s Rise May Have Little To Do With The Latest Purchase News “For nearly a decade, every touch of this rising trendline has marked a major turning point, sending XRP back toward the $3 resistance,” the analyst stated, adding that the cryptocurrency is currently approaching this trendline again, with support sitting between the $0.70 and $0.90 levels. If this zone holds, a rally back to $3 becomes “a realistic scenario.” Moreover, if XRP finally breaks above the eight-year resistance, around $3.30, the next macro target may be between $8 and $13, the analyst concluded. Featured Image from Unsplash.com, Chart from TradingView.com
XRP is testing a major macro support level that could play a decisive role in shaping its next trend. With momentum hanging in the balance, a strong rebound could signal the start of a recovery, while weakness may leave the door open for deeper losses. XRP Finds Strong Footing At Critical 0.786 Fibonacci Support In a recent market evaluation, crypto analyst CasiTrades noted that XRP has reached its major 0.786 macro support level, currently trading at $1.09 on Coinbase. The daily timeframe currently confirms the validity of this support, as the price action has respected this critical technical marker so far. Related Reading: XRP To $1 Or A Violent Reversal? Analyst Says Liquidity Setup Is Flashing The immediate focus for traders now shifts toward how the market reacts to this placement. CasiTrades identifies $1.19 and $1.27 as the primary resistance levels to monitor. As long as the asset is capped by these levels, the broader correction remains active, leaving the door open for a potential decline toward the $0.90 support zone at the 0.854 fib level. Conversely, a shift in market sentiment could render the bearish outlook invalid. If XRP demonstrates genuine buying pressure and succeeds in breaking through the established resistances, it would suggest that the market is forming a new trend rather than consolidating for another downward wave. Ultimately, this is one of the most pivotal moments of the entire correction phase. With the major support level officially tested and reached, the next few days will be essential to determining the long-term direction of the asset. XRP Enters A Critical Macro Decision Zone According to market analyst EGRAG CRYPTO, XRP is currently positioned exactly within a critical macro decision zone. The path forward is defined by specific technical thresholds that require sustained strength to validate a trend. Related Reading: XRP Long-Awaited Wave Structure Finally Unfolds – What Comes Next? Specifically, a monthly body candle close above $1.40 would suggest that the bottom was firmly established at $1.05, while reclaiming the $1.61–$1.65 range would signify the official start of a bullish recovery. A definitive break above $1.70 would provide even stronger confirmation of this momentum shift. If the price can successfully hold its ground, a double-bottom formation becomes a distinct possibility, setting the stage for a more robust rally. However, if XRP fails to hold this support and loses its current momentum, the technical setup warns that a retest of the $0.80 level is highly likely. While the upside potential remains contingent on breaking through those key resistance hurdles, the downside risk remains active if the current support falters. Traders should remain cautious, as the resolution of this macro decision zone will dictate whether the asset initiates a new bullish cycle or enters a deeper retracement. Featured image from Adobe Stock, chart from Tradingview.com
In a new report, market expert Sam Daodu laid out three tentative scenarios for where XRP could be heading in 2027. His projections are built around several moving parts: the CLARITY Act, the XRP Ledger (XRPL), and exchange-traded funds (ETFs). Conservative XRP Outlook Under Daodu’s most conservative outlook, XRP could trade between $3 and $5 by 2027. This range assumes that the CLARITY Act moves forward and that demand for XRP through ETFs grows at a steady pace rather than in dramatic bursts. Daodu argues that this “unflashy” kind of progress would be enough to pull XRP back toward its earlier peak levels in under two years, without requiring a major, sudden breakout. Related Reading: Dogecoin (DOGE) At $0.086–Two Scenarios Ahead, Including A New 32% Crash In this scenario, Standard Chartered’s $7 XRP target for 2027 sits near the optimistic end, but the $3 to $5 outcome is presented as the best fit for current conditions if nothing destabilizes the market. A more bullish case pushes XRP higher, with a forecast range of $7 to $10. For XRP to reach that upper band, the demand question would need to turn decisively in XRP’s favor. From Infrastructure To Demand Daodu’s report points to a key catalyst: banks may need to start holding and settling in XRP itself, not just relying on stablecoins that use the XRPL network. He also notes that ETF inflows would likely have to accelerate beyond early expectations and reaching a level of “several billion dollars.” If both usage and buying pressure strengthen at the same time, Daodu suggests that XRP would have the combination of utility and market demand required to clear its prior highs and sustain the momentum afterward. That bullish pathway is also where Bitwise’s more optimistic prediction comes into view. Bitwise’s outlook places XRP in the $9 to $10 area, aligning closely with the idea that 2027 could be the year the altcoin finally catches up to the value implied by its infrastructure. In Daodu’s framing, this would be the version of events where adoption and capital inflows reinforce each other—turning what is currently more infrastructure-led into a fuller demand-driven cycle. A Real Chance Of Breaking Below $1 Daodu also outlines a downside scenario, where XRP trades below $1.50 by 2027. In his analysis, the negative path depends less on technology and more on whether sentiment stays weak for longer than the market can easily absorb. A key risk factor is the possibility that the CLARITY Act stalls past August’s recess. At the same time, broader market conditions could keep pressure on risk assets. Finally, Ripple’s monthly supply pattern is described as steady, meaning it may not provide fresh demand catalysts on its own if buyers remain cautious. Related Reading: What’s Going Wrong With XRP? Expert Points To 2 Major Bearish Flips In These Key Metrics In that bearish scenario, Daodu expects XRP to spend most of 2027 somewhere between $1 and $1.50. He also notes that there is a realistic chance XRP could lose the $1 level if selling intensity continues rather than fading. However, the market may not have to wait until 2027 to see sub-$1 levels for the altcoin, as it is currently trading at around $1.12. This is a recovery from the drop to $1.05 over the weekend, but there are still concerns that this key support level could be broken in the near term. Featured image created with OpenArt; chart from TradingView.com
After long years of muted performance, the XRP price had rebounded in 2024, pushing close to its $3.8 all-time high, but not quite hitting the mark. This comes after the legal battle with the United States Securities and Exchange Commission (SEC) ended in 2024, triggering a wave of recovery. Since then, though, the XRP price seems to have hit a ceiling and has been on a downtrend for over a year. This has pushed the price toward $1, an over 60% decline from its 2024 peaks. Despite this, predictions continue to pour in that the price moving above $10 is only a matter of time as XRP continues to be one of the most popular cryptocurrencies in the space. The XRP Dream Has Changed From $1 Crypto analyst Crypto Patel took to the X (formerly Twitter) platform to explain where the investor mindset is sitting at now and how the dream seems to have changed. Pointing to historical performance, the analyst recalls how the dream was for XRP to actually reach $1 back when it was trading at around $0.003 back in 2017. Related Reading: Bitcoin’s Worst Week Since FTX Raises The Question: Is The Bottom Already In? However, in an interesting twist, the level that was the dream for every XRP holder back then has now become a level at which many are lamenting about. Instead of joining this train of complaint, though, Crypto Patel points out that even the current level is a major step up from where the XRP price used to be. Sitting above $1 right now, it means that the XRP price has staged an over 37,000% rally from its lows. Thus, what is being seen as a decline could also be a cause for celebration, depending on the perspective that investors are looking at it from. When To Start Buying Again With the sentiment around the current level beating down investors, the crypto analyst is looking at lower levels to begin accumulating the cryptocurrency again. The highest accumulation zone from here sits at $1, which would be an over 10% decline from the price at the time of this report. Related Reading: Analyst Predicts When Bitcoin Price Will Reach $100,000 In 2026 Then moving further downward, the crypto analyst believes that the XRP price could fall as low as $0.6. This would then put the accumulation zone between $0.6 and $1, meaning that the bottom is expected to be reached around these two levels. Nevertheless, the analyst says that the play for $10 remains intact even now. Mostly, it is a matter of time and patience when it comes to how high the XRP price could go. But the bullish narrative over the long-term continues to prevail. Featured image from Dall.E, chart from TradingView.com
A cryptocurrency analyst has highlighted how the $0.90 XRP level aligns with the support level of a long-term pattern in the asset’s monthly price. XRP Has Potentially Been Following A Long-Term Ascending Triangle In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) channel forming in the 1-month price of XRP. The pattern in question involves two trendlines: a flat upper level and an upward-facing lower level. A channel involving converging trendlines like this is popularly known as a triangle. In the case of this particular triangle, the setup resembles that of a specific type: the Ascending Triangle. The fact that the lower level has a positive slope means that as the price trades inside an Ascending Triangle, its range shrinks to a net upside. This is the reason behind the pattern having “ascending” in its name. Related Reading: Newbie Bitcoin Whales Took $1.77 Billion In Loss During Price Crash: Data Like with other consolidation patterns in TA, the upper level of the Ascending Triangle is considered to be a source of resistance, while the lower one that of support. If the asset manages to break past either of these boundaries, it might experience a continuation of trend in that direction. Now, here is the chart shared by Martinez that shows the Ascending Triangle that the monthly price of XRP has been trading inside for the last few years: As displayed in the above graph, the 1-month XRP price retested the resistance level of the Ascending Triangle last year and ended up being rejected down. Since then, the cryptocurrency has experienced a notable drawdown, with its price now closer to the bottom level than the top one. In the chart, the analyst has extended the current trajectory of the asset to showcase a path that it could possibly end up following in the coming months. From this, it’s apparent that XRP could end up retesting the lower level around $0.90. “I’m watching $0.90 closely on $XRP,” noted Martinez. “If price gets there, I think it could offer a compelling long-term buying opportunity.” It now remains to be seen whether the current bearish trajectory of the cryptocurrency will continue for a duration long enough for this level to be retested. Related Reading: Dogecoin Tests Channel Floor Again: Breakdown Or Rebound? Triangles aren’t the only class of consolidation patterns in TA. Another major category is made up of Parallel Channels, patterns that involve two parallel trendlines. As the analyst has pointed out in another X post, Ethereum has been trading inside one such channel on the weekly timeframe. As is visible in the chart, Ethereum has traveled 75% of the way down the channel with its recent drawdown. The next relevant level is located at $1,096, corresponding to the bottom trendline. XRP Price XRP went down to a low of $1.05 earlier, but its price has since bounced back a bit to $1.15. Featured image from Dall-E, chart from TradingView.com
XRP is trying to reclaim the $1.15 level after a decline that carried the price to its lowest point since 2024 — a drop that has erased months of recovery progress and left holders navigating a market structure that offers little immediate clarity on direction. The price is attempting a bounce — and an Arab Chain analysis tracking Binance volume activity has identified a signal in the trading data that adds important context to both the recent decline and the current recovery attempt. Related Reading: Why Did Bitcoin Crash? On-Chain Data Points To One Missing Ingredient The XRP Volume Z-Score on Binance — which measures how far current trading activity deviates from the 30-day average — surged to approximately 4.5 points in recent days, its highest reading in four months. A Z-Score at that level describes trading activity running dramatically above the recent baseline — the kind of volume surge that typically accompanies significant price events, forced liquidations, or large-scale repositioning by major participants. The surge was short-lived. The index retreated sharply from the 4.5 peak and has since fallen to approximately -0.70 — a reading that places current trading activity below the 30-day average rather than above it. The exceptional activity spike appeared, drove the price action, and then dissipated as quickly as it arrived. Arab Chain’s analysis examines what the sequence — sharp volume surge followed by rapid normalization — reveals about the nature of the recent XRP decline and whether the current recovery attempt has the trading activity behind it to sustain above $1.15. Volume Spiked While the Price Fell The Arab Chain analysis connects the volume surge directly to the price decline. Clarifying the nature of the selling that drove XRP to its lowest level since 2024. The Z-Score reaching 4.5 points while the price was falling to approximately $1.13 describes a specific market dynamic. Elevated participant activity concentrated on the sell side rather than the buy side. Driving volume higher precisely because transactions were being executed at scale in the downward direction. Binance XRP Volume Z-Score | Source: CryptoQuant The analytical interpretation the report applies is straightforward. A sharp rise in trading volumes alongside a price decline typically signals one of two conditions. Accelerated selling pressure from participants choosing to exit at whatever price the market offers, or large-scale repositioning as significant holders restructure their XRP exposure in response to changing market conditions. Both produce the same observable outcome — volume spikes while price falls — but carry different implications for what follows. The volatility context the analysis identifies is the forward-looking element worth monitoring. Elevated volume activity coinciding with sharp price movements has historically been followed by continued volatility rather than immediate stabilization. The repositioning or selling that drove the initial volume surge tends to create aftershocks as the market adjusts to the new supply-and-demand balance established by the high-volume session. XRP, attempting to reclaim $1.15 in the aftermath of a 4.5 Z-Score volume event, is attempting recovery in a market structure that has just been fundamentally repriced. And the speed at which volume normalized below the 30-day average suggests the exceptional activity has completed rather than paused. Related Reading: Solana Treasury Bet Turns Sour: Firm Sits On $1.13B Unrealized Loss XRP Price Testing Fresh Lows XRP is attempting to stabilize around the $1.15 level after one of its deepest corrections since the 2024 breakout. The weekly chart shows that sellers have erased nearly all of the gains generated during the first half of 2025. Pushing the asset back toward a critical long-term support zone. XRP testing the 200-week SMA | Source: XRPUSDT chart on TradingView The most important technical development is XRP’s test of the 200-week moving average, currently sitting around $1.10–$1.15. Historically, this moving average has acted as a major trend-defining level. And the current weekly candle is attempting to hold above it despite the recent wave of selling pressure. Losing this level would significantly weaken the broader structure and expose XRP to a move toward the psychological $1.00 mark and potentially the $0.85–$0.90 region. Related Reading: HYPE Defies Market Selloff As Whales Withdraw Another $108M From Exchanges From a trend perspective, XRP remains bearish. Price trades below both the 50-week and 100-week moving averages, while those averages continue sloping downward. The rejection from the $1.40–$1.50 area in recent weeks confirmed that sellers remain in control and that recovery attempts are still being sold into. For bulls, reclaiming $1.30 and then $1.50 is necessary to begin rebuilding momentum. Until then, the focus remains on whether XRP can defend the 200-week moving average and prevent a deeper breakdown below $1.10. Featured image from ChatGPT, chart from TradingView.com
XRP’s price action has come under heavy pressure in recent days alongside the rest of the market, falling back into a major support region around $1.10 with sellers still controlling short-term momentum. The decline has placed XRP directly inside a notable zone on the monthly candlestick long-term chart. Particularly, technical analysis done by crypto analyst EGRAG CRYPTO indicates that XRP may still face one more liquidity sweep before a much larger move above $10. XRP In Face-Melting Phase EGRAG’s analysis is based on the monthly candlestick timeframe chart depicting XRP’s behavior around the 50-month and 100-month exponential moving averages. According to the analyst, XRP has shown a recurring pattern on higher time frames whenever it loses the 50 EMA decisively. The breakdown is usually followed by weak momentum, emotional selling, and a final liquidity sweep into the 100 EMA before the next rally kicks off again. Related Reading: XRP Price To See Violent Discontinuous Repricing And $10 Could Only Be The Start That model is important because XRP’s current monthly candle has already opened the current weekly candlestick below the 50 EMA, placing the price action in a fragile position. This positions XRP in a face-melting phase where it has a possibility of falling to the 100 EMA, while the market continues searching for its true macro bottom. The analyst’s projected path leaves room for more downside first, with the chart pointing to a possible crash below $1. However, one of the more counterintuitive dimensions of EGRAG CRYPTO’s analysis is what he does while anticipating further downside. Rather than waiting for a confirmed reversal, the analyst is actively building a position across a range of entry prices at $1.09, $0.92, $0.85, and even $0.70, treating each level as a probability zone. The Numbers Say XRP Is Headed Above $10 Another interesting part of the analysis is not the possible move lower, but the upside numbers that follow it. EGRAG’s chart shows a major recovery path out of the current support range and into a break above the current cycle high at $3.65. The projections show upside levels highlighted at $9, $13, $17, $20, and $27. Related Reading: Ripple IPO Is Not A Pipe Dream: Industry Expert Predicts When XRP Investors Should Expect Public Listing EGRAG’s point is that the exact bottom may matter less if XRP eventually reaches these projected bullish targets. Risk management matters more than catching the exact bottom, and his example compares entries at $1.09, $0.92, $0.85, or $0.70 with upside targets at $7, $8, $13, and mid-double-digit prices. Entering at those low prices will not matter when XRP reaches those high targets. At the time of writing, XRP is trading at $1.14, down by 12% in the past seven days. A move from the current $1.14 price to $10 would require a rally of about 777%. A climb to $13 would represent a gain of more than 1,040%. Lastly, a rally to the $27 level on the chart would require XRP to rise by more than 2,260% from the current range. Featured image from Adobe Stock, chart from Tradingview.com
Bank of America is expanding its global payments strategy with a renewed focus on enhancing cross-border transaction capabilities, highlighting the growing importance of efficient international money movement in modern finance. Being one of the world’s largest financial institutions and a company frequently associated with discussions surrounding Ripple and payment innovation, Bank of America’s latest initiative underscores the continued evolution of global settlement infrastructure. Ripple Gains Institutional Momentum Through Major Banking Alliance Ripple partner Bank of America is preparing to launch a new cross-border payments service that incorporates SWIFT. An analyst known as SMQKE on X noted that rather than replacing legacy systems outright, banks are increasingly adopting hybrid payment models that use both Ripple and SWIFT for global transactions. This dual-framework approach is practical for banks because RippleNet can integrate into existing banking infrastructure just like a traditional payment system. Related Reading: Ripple Partner Thunes Unveils Development That Could Strengthen XRP’s Global Payment Narrative SMQKE argues that this Ripple’s partnership with Bank of America can create a pathway for XRP to access the bank’s extensive global payment network. As a result of that move, banks can maintain SWIFT connectivity for global reach while leveraging XRP through RippleNet as a source of on-demand liquidity. However, Bank of America’s new cross-border real-time payment service in this hybrid model will further strengthen the foundation for XRP integration into the bank’s core payment infrastructure. Institutional Compliance Remains A Key Advantage For XRP Ledger The claim that XRP is unstable for tokenization is technically unfounded. Crypto analyst CharuSan has pointed out that with its institutional-grade compliance features, built-in security architecture, and deep liquidity capabilities, the XRP Ledger stands out as one of the most suitable and secure networks for tokenization in the current market. Related Reading: Ripple’s Eyes $5 Trillion Master Account, What This Would Mean For XRP Unlike the Ethereum network, where external smart contract codes, such as ERC-20, must be written to tokenize an asset. In XRPL, the tokenization process is embedded directly into the core code of the network’s Native Issued Assets. This eliminates the need to custom smart contract code, which is often a major source of vulnerabilities, exploits, and cyberattacks. According to CharuSan, by embedding tokenization at the protocol level, XRPL enables real-world assets like real estate, stocks, and bonds to be issued and transferred securely within seconds, without exposing institutions to smart contract risk. Additionally, regulatory compliance remains a critical requirement for institutional adoption. Wall Street and institutional banks must enforce strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations standards, including control over who can hold tokenized assets. XRPL addresses this natively by allowing issuers to restrict access and freeze suspicious accounts when necessary, to ensure that only authorized participants can receive this token at the protocol level. Featured image from Medium, chart from Tradingview.com
XRP price started a recovery wave above $1.10 and $1.1250. The price is now consolidating and might aim for a fresh move if it clears $1.1730. XRP price started a recovery wave above the $1.1250 zone. The price is now trading below $1.1220 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $1.10 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.1250. XRP Price Eyes More Gains XRP price remained supported above $1.050 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $1.10 and $1.120 to enter a short-term positive zone. There was a break above a bearish trend line with resistance at $1.10 on the hourly chart of the XRP/USD pair. The bulls pushed the price above the 23.6% Fib retracement level of the downward move from the $1.3640 swing high to the $1.052 swing low. The price is now trading above $1.120 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.1720 level. The first major resistance is near the $1.2080 level and the 50% Fib retracement level of the downward move from the $1.3640 swing high to the $1.052 swing low. A close above $1.2080 could send the price to $1.2150. The next hurdle sits at $1.220. A clear move above the $1.220 resistance might send the price toward the $1.2450 resistance. Any more gains might send the price toward the $1.2620 resistance. Another Decline? If XRP fails to clear the $1.1740 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.1250 level. The next major support is near the $1.110 level. If there is a downside break and a close below the $1.110 level, the price might continue to decline toward $1.080. The next major support sits near the $1.050 zone, below which the price could continue lower toward $1.00. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $1.1250 and $1.1200. Major Resistance Levels – $1740 and $1.2080.
Crypto analyst Crypto Patel has revealed when XRP could rally to between $10 and $20. This came as he commented on the token’s history following its 14th anniversary celebration, noting that it is one of the oldest crypto assets. Analyst Reveals When XRP Will Rally To Between $10 and $20 In an X post, Crypto Patel predicted that XRP would trade between $10 and $20 by its 20th anniversary in 2032. The analyst also touched on the token’s history, noting that the XRP Ledger (XRPL) went live on June 2, 2021. As such, it is one of the oldest coins still standing, older than Ethereum and almost every other altcoin trading. Related Reading: Why The Extreme FUD And Bearish Pressure Could Be Good News For The XRP Price Crypto Patel also touched on some misconceptions about XRP. First, he stated that there was no mining as all 100 billion tokens were created at the start. Furthermore, there was never an ICO for the token, and the analyst noted that this is the part the crowd gets wrong. Instead of a public token sale, he revealed that XRP was handed out through giveaways, partner deals, and private sales. As such, XRP doesn’t have an ICO price. The analyst also noted that XRP exchange trading began in August 2013, with the token trading at around $0.0058. In its first year, the token ranged between $0.005 and $0.01. XRP then rallied to an all-time high (ATH) near $3.84 in January 2018. It is worth noting that it is around this period that it recorded a parabolic rally of 1,400% in a few weeks. Analyst Points To The Crash After The SEC Lawsuit Crypto Patel also mentioned that XRP crashed following the SEC’s 2020 allegations that the token was a security. The token fell to $0.11 within two years, representing a 97% crash from its ATH at the time. However, the token rallied to a new ATH of $3.66 in July 2025 as the SEC and Ripple settled the lawsuit that had lasted for almost five years. Related Reading: If XRP Price Loses This Current Support, This Is How Low It Will Go The analyst remarked that XRP’s survival for this long is in itself an achievement, seeing as it went from half a cent to almost $4 and then through a multi-year SEC battle. Crypto Patel said that this achievement is the part that gets lost in the noise. He added that despite all that the token has been through, it is still trading just above $1, which represents around a 207x increase from its first exchange listing. XRP also currently stands out as one of the tokens with regulatory clarity, as Judge Analisa Torres ruled in the SEC lawsuit that it is not a security. At the time of writing, the XRP price is trading at around $1.09, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Freepik, chart from Tradingview.com
Friday’s selloff pushed XRP deeper into the red, completing a 22% retrace over the past 30 days and sending the token below $1.10 for the first time since November 2024. For many, this move immediately raises the most important question in the current climate: could the altcoin reach the $1 mark again soon, or is a fall below this level now on the cards? Could XRP Drop 40% Toward $0.70? In a new report, market expert Sam Daodu flags that the broader technical picture is now fully bearish across multiple timeframes. He notes that XRP is trading below its 20, 50, 100, and 200-day moving averages (MAs), a configuration that typically signals sellers remain in control no matter what chart window investors look at. The expert said there is not much support once XRP trades at $1.09. Around $1.05, buyers have tended to show interest, and then $1 is the next major psychological floor where demand often appears simply because it is a round number. Related Reading: Hyperliquid Strategies Stays Profitable: Strategy And Bitmine Record Losses Above $10 Billion Even more concerning, some chart analysts he references in the report believe the cryptocurrency could drop as much as another 40% from current levels if the risk-off trend continues, which would place the token around $0.70. Yet on-chain data tells a different story. Monthly RSI Hits Rare Oversold Reset The number of XRP wallets holding at least 10,000 tokens hit a record 332,230 in May, and that group has continued to grow through each drawdown of 2026. Meanwhile, wallets holding 1 million or more XRP added a net 42 new addresses since January—its first increase in millionaire wallets since September 2025. Whale behavior also appears to be tightening around supply. Whales holding 10 million or more XRP control 45.83 billion tokens, representing 68.5% of the circulating supply, the highest concentration since May 2018. In addition, whale outflow dominance on Binance recently reached 91.4%, the highest reading since 2024. Daodu notes that when Binance outflow dominance last hit similar levels—October 2024—XRP later rallied from about $0.50 to above $3 in the months that followed. There is also a longer-cycle technical signal that Daodu says does not show up often. XRP’s monthly Relative Strength Index (RSI) has fallen into the oversold reset zone for only the fourth time in 13 years. Each of the earlier RSI resets eventually preceded a major reversal in XRP’s direction, and Daodu says the fourth occurrence is now forming with XRP sitting around $1.09. Two Hope Beacons In The Downtrend While whales and long-cycle chart signals may support the idea of a future rebound, the near-term catalyst for many is policy. Daodu points to the CLARITY Act floor vote as a potential turning point for XRP’s outlook for the rest of the year. The bill cleared the Senate Banking Committee on May 14 and was placed on the Senate Legislative Calendar on June 1. That puts it at the fifth stage out of nine needed before it can become law, with the full Senate floor vote identified as the next major step. If the CLARITY Act clears and the macro environment stabilizes, Standard Chartered forecasts XRP could reach $2.80, with a bullish range stretching as high as $8. But if the bill stalls before recess and slips into a later timeline, such as 2030 or beyond, the bank’s outlook suggests prices could retreat toward $0.53. Related Reading: Bitcoin Crashes Near $60,000: $62B In Treasuries Erased, Analyst Sees Potential Bottom Ahead On whether the altcoin will drop below $1, Daodu’s view is more conditional than definitive. He suggests the altcoin could likely test $1 before this leg of the sell-off ends, and whether the level breaks depends on two key factors. The first is whether Bitcoin (BTC) can reclaim and consolidate above $60,000. Daodu says if BTC slides into the $55,000 zone, XRP would likely follow regardless of its own fundamentals. The second factor is whether the CLARITY Act receives a Senate floor vote before the August recess. If that vote happens and the bill clears, the upside could become attractive enough for institutional money to re-engage—potentially prompting a rally from whatever low XRP marks during the downturn. Featured image created with OpenArt; chart from TradingView.com
Ripple’s possible public listing has returned to the conversation after SBI Holdings CEO Yoshitaka Kitao gave one of the clearest long-range timelines yet from a major Ripple shareholder. Yoshitaka Kitao, the CEO and President of SBI, one of Japan’s largest financial conglomerates, made remarks that have since resonated with members of the XRP community. Speaking about his long-term investment intentions, Kitao stated he is willing to pour in $626 million at the lower end and $1.25 billion at the upper end into Ripple when the payments technology company goes public. SBI CEO Says Ripple Needs To Go Public The question of whether Ripple Labs will ever trade on a public exchange has followed the company for years, although Ripple’s executives have been consistent in cooling expectations regarding an IPO. Related Reading: Ripple’s Move To Privacy: How A Re-organization Of The XRP Ledger Will Affect The Network While speaking at a recent conference in Tokyo, Japan, Kitao said that when Ripple Labs goes public, he plans to invest heavily in the company. According to his remarks, the company would be willing to put in ¥100 billion or even ¥200 billion at once to fully complete everything. Interestingly, the SBI Holdings CEO added that he believes Ripple will probably go public in about 12 years, while also saying that Ripple needs to go public. That timeline places the possible listing outside the current cycle, as it points to somewhere around 2038. The comment matters because Kitao is not a distant observer and not an XRP commentator trying to predict the next catalyst for an XRP price surge. SBI has been one of Ripple’s most consistent backers, and its relationship with the company stretches back to 2016. SBI invested in Ripple Labs and later co-founded SBI Ripple Asia, a joint venture focused on using Ripple’s technology for cross-border payment services in Asia. SBI has also publicly disclosed that it holds approximately 9% of Ripple Labs, making it one of the company’s largest external shareholders. The Firm Has Always Resisted The IPO Talk Comments regarding a Ripple IPO have followed the company for years, especially after its legal battle with the US Securities and Exchange Commission officially ended in 2025. Ripple has also grown as a company into custody, stablecoin infrastructure, real-world asset tokenization, and acquisitions. Related Reading: Here’s How XRP Is Making Its Next Major Push Into The Trillion-Dollar Wall Street However, Ripple executives have also noted that the company is not rushing into an IPO. For instance, Ripple CEO Brad Garlinghouse dismissed talks of an IPO last year, saying the company does not need outside funding. Ripple President Monica Long also said in January 2026 that Ripple still planned to stay private, explaining that the company’s balance sheet gives it enough room to keep growing without raising capital from public markets. This position also fits with Ripple’s recent private-market strength, as Ripple had raised $500 million at a valuation of about $40 billion in late 2025. Featured image from Pxfuel, chart from Tradingview.com
XRP is attracting institutional capital at a time when liquidity across the market is moving in the opposite direction. Fresh ETF inflows and growing accumulation among long-term holders continue to support the bullish case, but recent data suggest a different challenge is emerging beneath the surface. While demand appears healthy, the amount of liquidity available to absorb buying and selling activity has fallen sharply. XRP Continues To Attract Institutional Interest XRP has increasingly distinguished itself from the broader digital asset market. While several major crypto investment products struggled to attract capital in recent months, XRP-focused funds racked in $131.94 million in May 2026. Related Reading: The Bitcoin Bear Market Is Over: Here’s Where We Are In The Cycle This trend has remained largely consistent. Apart from a brief slowdown in March, XRP investment products have continued to attract capital, with fresh inflows extending into early June. Institutional capital inflow is particularly noteworthy because it comes at a time when investor sentiment has deteriorated across many digital assets. Rather than pulling back, institutions appear to be viewing XRP as a strategic opportunity. On-chain data reinforces that view. As prices declined toward the start of June, long-term holders increased their positions. Recent holder net position data shows a sharp rise in accumulation, suggesting that experienced investors were buying during the selloff rather than exiting the market. Liquidity Dries Up As XRP Tests Major Support According to @CryptoQuant_com on X, XRP’s Binance 30-day Liquidity Index has fallen to its lowest level since early 2020. The indicator has dropped close to zero even though XRP continues to trade above $1.20. Historically, higher liquidity levels have accompanied some of XRP’s strongest rallies, making the current decline particularly noteworthy. For newer investors, liquidity refers to how easily an asset can be bought or sold without causing major price swings. When liquidity falls, fewer orders are available to absorb trades, making the market more vulnerable to sudden volatility. Under these conditions, even modest buying or selling pressure can trigger outsized price moves. Related Reading: Analyst Reveals Why Bitcoin Price Must Crash To $42,000 First The technical picture reflects this growing tension. Following a steep 53% correction earlier this year, XRP entered a broad ascending channel and has spent several months consolidating within that range. Recent selling pressure has pushed the asset back toward the lower boundary of the channel near $1.19-$1.20, an area that also aligns with a major Fibonacci support level around $1.20. If buyers regain control, resistance levels sit near $1.29, $1.36, $1.45, and $1.51, while a move toward $1.60 would bring the upper boundary of the channel back into focus. However, a decisive break below the $1.19 support zone could expose XRP to further downside toward $1.11 and potentially the psychological $1 level. For now, XRP remains at the intersection of two opposing forces. Institutional demand continues to strengthen, but liquidity has fallen to multi-year lows. Until one side gains the upper hand, XRP’s next major move may depend less on investor interest and more on whether the market has enough liquidity to absorb it. Featured image created with Dall.E, chart from Tradingview.com
XRP has entered a pivotal stage as the wave structure traders have been tracking for months finally begins to take shape. With volatility increasing and crucial price levels approaching, the next few moves could provide valuable clues about whether XRP is nearing a bottom or preparing for another leg lower before a sustained recovery can begin. Breaking Key Support As Long-Awaited Setup Unfolds According to CasiTrades, the crypto market is finally showing the selling pressure that many analysts have been anticipating for months. As a result, XRP has begun breaking below a key support level, signaling that the correction may be entering a more decisive phase. Related Reading: The Rapid XRP Growth Trajectory That Investors Should Be Aware Of The analyst explained that the development of smaller subwaves has been closely monitored to determine whether the market’s ultimate downside target would be around $1.10 or the $0.87 support zone. Based on the current structure, CasiTrades believes XRP is forming a subwave 3 decline, a phase that is typically known for being the strongest and fastest part of an Elliott Wave correction. Such waves often bring accelerated downside momentum and can quickly drive prices toward major support areas. From a technical standpoint, the 1.618 Fibonacci extension of the current move points to a target near $0.92. This level sits just above the long-discussed $0.87 support zone, strengthening the case that XRP could be approaching a critical phase. XRP’s Projected Roadmap: Drop, Bounce, Then One Final Test CasiTrades’ current market roadmap for XRP outlines an anticipated trajectory consisting of three distinct phases. The initial expectation is a sharp move down toward the $0.92 level, followed by a relief bounce back toward approximately $1.20, which is projected to function as resistance. This path concludes with one final downward move aimed at testing the critical $0.87 support zone. Related Reading: XRP And XLM Correlation Sparks Hopes Of A Recovery Surge However, it is essential to remember that market behavior rarely adheres perfectly to textbook projections. While this three-wave sequence represents the primary expectation, there is a distinct possibility that the market could deviate from this path. If the reaction from the W3 low exhibits enough force, there is a viable chance that XRP may not require a final wave to reach the $0.87 support. The earliest indicator of this scenario would be the price reclaiming key resistance levels and decisively breaking above $1.30 with clear strength. We have spent the last four months monitoring the market as this specific structure developed, and we are finally arriving at the most critical phase. As we approach these pivotal levels, the upcoming price action will be decisive in determining whether the correction concludes early or proceeds to its final intended target. Featured image from Getty Images, chart from Tradingview.com
XRP has spent the better part of four months carving out a trading range with a series of contested highs and lows that kept both bulls and bears engaged. That appearance of stability is now under serious threat, as the cryptocurrency has returned to the exact support level that anchored its range lows throughout the consolidation. XRP losing this support level will determine the next significant directional move. XRP Returns To The Same Range Low XRP’s price action on the daily candlestick timeframe chart shows the cryptocurrency is currently locked inside a consolidation range that has been forming since February 2026. The upper boundary of the range is around $1.55, which has capped multiple rallies since February, while the lower boundary is around the $1.26 to $1.28 area. Related Reading: This XRP Move Has Only Happened 4 Times In History And Here’s What Happened Each Time The analysis, which was posted on the social media platform X by crypto analyst ‘Guy on the Earth,’ was made when XRP was trading near $1.279, almost directly on that lower boundary, but the token has since moved lower to around $1.16. That loss of support matters because the range low had been one of the cleanest technical levels on the chart. XRP previously reacted from this area during earlier pullbacks in March and April, making it a point where buyers were expected to defend the structure again. However, now that the situation is different, a weekly close below the range would weaken that assumption and suggest that the months-long sideways movement has ended in favor of sellers. The Downside Scenarios: From $1.10 To $0.63 Analyst Guy on the Earth, whose chart is the basis of this analysis, laid out the case that losing the current support zone puts XRP on a path to $1.10, which is just below the wick low in early February. That scenario already appears to be unfolding, as the cryptocurrency is now trading below the range floor, down by 6.1% in the past 24 hours. Related Reading: Key Volume Signals Are Driving XRP Momentum Amid Market Uncertainty The more consequential question is how far a sustained breakdown extends from $1.10. The most probable bottom zone is between $0.75 and $0.95 if range support is lost and a deeper correction takes hold. Analyst Crypto Patel, weighing in independently on X, pointed to the $1.10-$1.30 range as a current accumulation zone and said if that support breaks, buying anywhere between $0.65 to $0.85 could become a generational entry. That range would be painful for holders, but it would still fit within a larger bullish-market pullback if XRP eventually stabilizes and resumes higher. The worst-case bullish scenario in the analysis is around $0.63, which would mean XRP gives back nearly all of its bull-market gains since late 2023 before finding a durable support. Featured image from Freepik, chart from Tradingview.com
The XRP price slid on Wednesday to its lowest level in four months, hitting $1.14. The drop has contributed to a broader soft patch across crypto, and both chart analysis and on-chain indicators are now pointing to a more bearish environment for the altcoin. XRP Price Slips Below Key Averages Market expert Sam Daodu, in a fresh breakdown of what’s driving the move, argued that there currently isn’t much for bulls to lean on. One of the most immediate issues is trend structure. According to Daodu, the XRP price is currently trading below its key moving averages — specifically the 7, 14, and 30-day averages — indicating that the short-term trend is bearish across multiple timeframes. Related Reading: Bitcoin Drops Below $66,000 Amid Mounting ETF Outflows, $4B Withdrawn In 12 Days He noted that the weekly exponential moving averages (EMAs) sit higher, clustered between $1.50 and $1.78, which has effectively capped every rebound attempt. That means even when XRP bounces, buyers have struggled to push it out of that upper resistance band. The outlook also looks difficult when comparing the XRP price to the 200-day moving average, a level that Daodu sees as a dividing line between bullish and bearish regimes. The expert placed this key reference price at about $1.64, describing it as a “long climb back” from current trading levels at around $1.17 at the time of writing—underscoring how far the asset would likely need to recover to regain a more constructive trend. Whale Withdrawals Hit 4-Year Low On-chain activity adds another layer of concern for the XRP price. Whale withdrawals from Binance—often viewed as a quieter bullish sign because it can indicate large holders moving assets off exchanges to hold long term—have fallen sharply. Over the past 30 days, whale withdrawals are down to roughly 978 million XRP, which Daodu described as the lowest reading since 2021, essentially a four-year low. In the same period, CryptoQuant data indicates large-holder accumulation has stalled, implying that big holders aren’t adding with conviction during this decline. With this in mind, Daodu’s bearish setup centers on three key price levels. The first is $1.14, which he frames as the near-term technical target. The second is $1.11, the low from February. The third is $1, aligned with the monthly Bollinger floor and treated as a potential endpoint if selling pressure persists. He also emphasized that if macro conditions don’t ease and whales keep showing reluctance to accumulate, these levels could become the next stops. What The Recovery Depends On Daodu also suggested that the path forward may hinge on three factors. The first is whether the XRP price can defend the $1.14. If it holds, the bullish case can still play out; if it breaks, he expects the move could extend toward $1.11 and potentially into the $1 area. The second factor is the CLARITY Act floor vote. A vote scheduled before the August recess would help clarify the regulatory picture, while no vote could deepen disappointment and add to existing macro pressure. Related Reading: Mastercard Unveils Stablecoin Settlement Support Spanning 8 Blockchains, Including The XRP Ledger The third factor is whale behavior again—specifically, whether whale withdrawals from Binance start climbing back above the current 978 million XRP reading over the past 30 days. Rising withdrawals above that level would indicate renewed accumulation by larger holders. Even with these bearish indicators, Daodu cautioned that the drop isn’t necessarily rooted in XRP-specific fundamentals. He argued that the XRP price was pulled lower alongside the rest of the market, meaning the next phase likely depends on how those broader market conditions develop. Featured image created with OpenArt; chart from TradingView.com
Ripple’s global payments narrative may be gaining fresh momentum as one of its key partners, Thunes, unveils a new development that could further strengthen cross-border settlement infrastructure. As the demand for faster, cheaper, and more efficient international payments continues to rise, strategic partnerships like Thunes play a crucial role in expanding real-world utility across the XRP ecosystem. Thunes Expands Its Role In The Global Payments Ecosystem A recent announcement from Thunes could significantly strengthen XRP’s position in the global payments landscape. Analyst XFinanceBull on X has revealed that the company has officially launched real-time payment capabilities in the United States through a direct connection with a Tier 1 financial institution, enabling access to ACH, Same-Day ACH, and all real-time payment rails. Related Reading: Key Volume Signals Are Driving XRP Momentum Amid Market Uncertainty The development comes as Thunes continues to strengthen its international footprint. Thunes holds 50 Money Transmitter Licenses, allowing it to operate across every US state and territory, mirroring Ripple’s regulatory reach. Both companies now independently have institutional-grade access to US clearing systems. Thunes network already spans 140 countries, supports 90 currencies, and connects to more than 12 billion mobile wallets, stablecoin wallets, and bank account endpoints. Following its expanded partnership with Ripple in September 2025, Thunes integrated blockchain and digital asset technology into its direct global network, leveraging Ripple payments to enhance its SmartX Treasury System. Meanwhile, Thunes has plugged real-time US settlement into the same network that uses the Ripple blockchain payments infrastructure and XRP as a bridge asset. Over 140 countries can now send money to the US through rails connected to Ripple technology. Ripple payments have near-global coverage with over 90 payout markets processing more than $70 billion in volume. This integration gives XRP a direct pathway into Tier 1 US banking through a partner that holds licenses in every state. Institutional Interest Fuels XRP Ledger’s Next Phase Of Growth The XRP Ledger real-world asset (RWA) ecosystem officially surpassed $3 billion in tokenized value in April. According to an analyst known as BankXRP on X, the incredible insights shared by Luke Judges, Partner Director at RippleX, at Istanbul Blockchain Week, break down exactly where the momentum is heading for real-world asset tokenization. Furthermore, the $3 billion milestone is driven by a highly diversified mix of assets, underscoring Ledger’s expanding institutional utility across multiple segments of finance. Related Reading: Ripple’s Early Banking Ally Now Connected To X Money Expansion Looking ahead, the next big wave of growth is expected to center around cash and cash-equivalent assets. Money market funds and US Treasury bills, alongside tokenized equities, are being viewed as prime targets for infrastructure disruption. The broader vision is moving toward a globally distributed financial system where regulated assets can trade seamlessly across asset classes through a unified order book. Featured image from Peakpx, chart from Tradingview.com
XRP has spent much of 2026 trading below the targets often discussed across its community, but one XRP commentator is saying that projections to these price targets are being viewed through the wrong lens. The analyst claims that XRP should not be measured like a traditional stock, especially if the asset functions as it is designed and it becomes tied to institutional settlement, liquidity routing, and high-value financial transfers. XRP Commentator Says Market Cap Logic Misses The Point Most XRP price discussions are based on market cap comparisons and circulating supply figures, which are the same models used to analyze stocks. However, according to an XRP commentator account known as CharuSan, this is a stagnant market cap logic being applied to XRP since it fundamentally misunderstands what the cryptocurrency was built to do. Related Reading: The Bitcoin Bear Market Is Over: Here’s Where We Are In The Cycle XRP is meant to play as a liquidity and velocity asset; therefore, the cryptocurrency’s price should not rise only because investors are buying it on exchanges. Instead, the projection is that XRP’s price will need to be much pushed higher if institutional systems begin using it as a bridge asset for massive transfers that demand deep liquidity within seconds. Furthermore, CharuSan XRP pointed to the size of global derivatives, stock markets, debt markets, DTCC volumes, FX settlement, banks, OTC markets, and Nostro/Vostro accounts as areas where liquidity demand could come from if they are fully integrated with the XRP Ledger. Therefore, a $500 billion or $1 trillion market cap would still be too small if XRP were expected to support these institutional trading volumes. XRP Needs To Be $300 At Least The price target floated by the analyst is that XRP will be mathematically forced to skyrocket to $300 in order to keep the wheels running. Notably, the $300 prediction is tied to a specific condition of full integration of XRP into major financial transfer systems. Once institutional automated software and APIs begin sending large transfer orders into liquidity pools, the market will no longer be guided mainly by small exchange buy and sell orders. Based on that setup, the main issue would be the amount of available XRP at the exact moment a transfer needs to be completed. If billions of dollars are moving per second, institutions will not search for cheap XRP sitting on a normal order book. The systems would draw from the deepest available liquidity pool, and the unit price would need to rise if available supply cannot support the transfer volume. Related Reading: Pundit Says Dogecoin Is About To Do Something Insane, Here’s What Interestingly, the latest post is part of a series from CharuSan XRP on how XRP could reach $300. In the previous part, he focused more directly on On-Demand Liquidity and the difference between circulating supply and truly available XRP. He gave the example of a $200 billion bank transfer. If XRP were priced at $20, such a transfer would require 10 billion XRP, which would be difficult to support if the system were handling not just one bank but thousands of banks and institutions at the same time. RippleNet currently has over 300 banking partners, and about 40% are actively using On-Demand Liquidity. Featured image created with Dall.E, chart from Tradingview.com
The XRP price performance over the years has been stunted by a number of factors, with the major one being the legal battle with the United States Securities and Exchange Commission (SEC). Nevertheless, the community seems to have maintained its optimism, with many predicting that the altcoin is set to hit double-digits in the near future. The target has continued to expand in recent years, and one analyst’s forecast suggests that hitting $10 might only be the start of a major repricing for XRP. How The XRP Gains Could Be Multiplied Like The 2017-2018 Cycle The current XRP price trajectory could be following the same trend as the altcoin did back in 2017, and this could have significant implications for the cryptocurrency. As crypto analyst Future XRP on X (formerly Twitter) explained, a repeat of the 2017 rally would mean that a rally to the double-digit $10 could only be a start. Related Reading: Bitcoin Is Still Following This Descending Channel Pattern And The Endgame Shows The Bottom According to the analyst, the current slow growth of the cryptocurrency is nothing out of the ordinary. There was a similar trend in the XRP price back in the 2017 bull cycle, leading right up to the point when the altcoin’s price began to explode. Following this historical performance, the crypto analyst compresses the XRP price trajectory into three phases. The first of these is months of boredom, where the altcoin’s price seems not to be moving at all. Then comes the weeks of disbelief, where the price begins to move rapidly. Finally, XRP enters its month of ‘absolute chaos’, when the price completely explodes, and its performance outpaces all of the months that came before. How High The Price Could Go Following 2017’s Trajectory Putting the current trend side by side with 2017, the crypto analyst explains that the XRP price on June 1, 2026, could be compared as the equivalent of the price on December 1, 2017. This would mean that the first rally would put the price above $2 by July 1. Related Reading: Bitcoin Trend That Has Held For 15 Years Shows When To Expect The Bottom And When $400,000 Will Happen Next would be the rapid rise where the price moves up above $5, and by the third quarter, already crossed $10. But it doesn’t end there, as the rapid rise would see the price rising to $24.96 by the end of the third quarter in September. However, if the price is going full copy of the 2017 run, the XRP price rose a total of 640x from January 2017 to January 2018. Taking the current XRP price into account, a 640x rally would put the price as high as $832 at the peak. “History never repeats exactly. But understanding how XRP’s previous cycle unfolded provides valuable context when evaluating future market behavior,” the analyst explained. Featured image from Dall.E, chart from TradingView.com
XRP price extended losses and traded below $1.20. The price is now consolidating losses and faces hurdles near $1.1920 and $1.1950. XRP price started another decline and traded below the $1.20 zone. The price is now trading below $1.20 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.1950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.20. XRP Price Nosedives Below $1.20 XRP price failed to stay above $1.20 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.1950 and $1.1920 to enter a short-term bearish zone. The price even extended losses below $1.180. A low was formed at $1.1401, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.3640 swing high to the $1.1401 low. The price is now trading below $1.1920 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.1880 level. The first major resistance is near the $1.1920 level. The main resistance could be $1.1950. There is also a bearish trend line forming with resistance at $1.1950 on the hourly chart of the XRP/USD pair. A close above $1.1950 could send the price to $1.20. The next hurdle sits at $1.220. A clear move above the $1.220 resistance might send the price toward the $1.250 resistance or the 50% Fib retracement level of the downward move from the $1.3640 swing high to the $1.1401 low. Any more gains might send the price toward the $1.2850 resistance. More Losses? If XRP fails to clear the $1.1950 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.160 level. The next major support is near the $1.1550 level. If there is a downside break and a close below the $1.1550 level, the price might continue to decline toward $1.150. The next major support sits near the $1.1440 zone, below which the price could continue lower toward $1.140. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.1600 and $1.1550. Major Resistance Levels – $1.1950 and $1.2000.
The XRP price has returned to a critical zone that has appeared only four times in its history. According to market analyst Cryptollica, who shared the finding on X, this zone has historically preceded explosive price rallies for XRP. Each rally, however, came after a long consolidation phase and a series of price declines that pushed XRP toward a bottom. XRP Reenters Oversold RSI Zone That Led To Mega Cycle Rallies On June 1, Cryptollica stated on X that XRP’s monthly Relative Strength Index (RSI) has entered its fourth deep oversold reset zone across its entire 13-year trading history. The RSI is currently sitting around 42. While this reading does not signal fully oversold levels yet, the analyst treats it as similar to those observed in previous cycles. Related Reading: Pundit Shares Why Most People Will Miss The XRP Run He noted that this reading had occurred during the 2014, 2017, and 2022 cycles, and now again in early 2026. In each of those cycles, XRP staged strong parabolic price rallies whenever its monthly RSI reached oversold levels. Based on the analyst’s report, this zone had acted as a critical reset point for XRP, often marking cycle bottoms after an extended downtrend. Looking further back, the 2013 cycle showed a similar structure. XRP had traded within a tightening triangle pattern for a long period, repeatedly testing the lower boundary of the formation before finally confirming a bottom. That price floor aligned with the oversold RSI zone, which ultimately triggered a sharp breakout that pushed XRP above $0.5 and established a new cycle high. A comparable structure appears to be forming again. Cryptollica’s chart suggests XRP has been trading within a long-term ascending channel since 2017, with a large triangle pattern forming inside it. This structure has broadly guided price action for nearly a decade. During this period, XRP has tested the lower boundary of the channel three times, most recently following a pullback from the 2025 highs near $3. While price action remains under pressure, it is now approaching the apex of the triangle pattern. At the same time, the monthly RSI is aligning with lower levels, similar to the trend seen in the 2013 cycle. The cryptocurrency has now entered the same reset zone, suggesting a potential breakout could be on the horizon. Analyst Sets Major Upside Targets For XRP With the RSI reset zone now in place, Cryptollica argues that XRP may be positioned for a significant upward move if historical patterns repeat. The chart shared by the analyst outlines a potential breakout scenario driven by the long-term ascending channel structure. Related Reading: Pundit Says The Clock Is Ticking For XRP, Here’s What To Know Under this projection, XRP’s first major target is above $14, at the upper boundary of the channel. If bullish momentum continues beyond that level, the analysis suggests the move could extend toward $26, with a projected cycle peak of up to $50. Featured image from Freepik, chart from Tradingview.com
The numbers from the XRP Ledger’s real-world asset dashboard tell a story of rapid growth that the price movement has not fully priced in. The latest attention comes from the ledger’s expansion from about $900 million in tokenized assets at the start of the year to almost $4 billion within five months. This growth is notable because it is happening before the US has delivered a permanent federal market structure for cryptocurrencies and before the full institutional channel into tokenization on the XRP Ledger has opened. XRP Ledger’s RWA Growth Is No Longer A Small Experiment According to data from RWA.xyz, the total represented asset value on the XRP Ledger has grown by 13.79% in the past 30 days, now at $3.68 billion at the time of writing. This growth is especially notable because it is coming at a lull period for the XRP price, meaning the price action is not yet pricing in the growth. Related Reading: Ripple’s Move To Privacy: How A Re-organization Of The XRP Ledger Will Affect The Network Taking to the social media platform X, XRP commentator X Finance Bull pointed to the XRP Ledger’s growth from about $900 million in tokenized assets at the start of the year to around $4 billion within five months. “Tell me another blockchain that attracted $3.1 billion in new tokenized assets in just five months,” he said. X Finance Bull’s post highlighted several additions behind this growth of the XRP Ledger, including Justoken’s reported $2.2 billion in tokenized energy assets, Ondo’s tokenized government securities, VERT Capital’s contribution, Guggenheim’s Treasury-linked products, and Societe Generale’s stablecoin activity. These companies have evaluated different blockchain networks and each one arrived at XRP Ledger independently. For example, Justoken’s JMWH tokenized electricity product is credited for bringing about $2.2 billion in tokenized electricity to XRPL, with the token tied to electricity contracts from Latin American producers. Regulation Could Decide How Fast The Growth Develops Tokenized assets on the XRP Ledger have grown by 344% since the beginning of the year. According to data from RWA.xyz, among the 14 networks with tokenized assets above $200 million, the XRP Ledger is growing more than twice as fast as Ethereum, which itself is growing at around 35%. Related Reading: Hedging With XRP: The Trillion-Dollar Push That Could Send Price Above $300 All of this growth is taking place before the United States has enacted the anticipated CLARITY Act, which supporters have noted will bode well for the XRP ecosystem. The outlook now is how fast this growth will continue, with some analysts arguing that the passage of the CLARITY Act could lead to trillions of inflows into the XRP ecosystem. While the US regulatory process works through its final stages, the XRP Ledger is also growing on a global scale. Japan’s SBI Holdings runs 26 banking partnerships on XRP infrastructure, while Rakuten Pay has opened XRP access to 44 million users. Ripple also holds regulatory approval in Dubai’s financial center, and Singapore has also recognized XRP as a payment token. Featured image from Freepik, chart from Tradingview.com