Ripple’s XRP is having quite the opposite experience in 2026 as opposed to 2025. The asset climbed to an all-time high of $3.65 in July of last year, but has since dipped by more than 71%. CoinGecko data shows that XRP’s price dipped to $1.01 in late June, 2026, and has since struggled to gain momentum. XRP seems to have some support at the $1 mark, but a fall below its current support could pull prices to the 50 cent mark, a level last traded at in November 2024. XRP has pretty much wiped out all gains made in the last year. Let’s discuss what could happen for the asset next.
Will XRP Recover Or Fall Below $1?
XRP’s bullish outbreak from December 2024 till July 2025 was fueled by the bullish sentiment after the settlement of the SEC vs. Ripple lawsuit. The financial regulator sued the fintech company in December 2020, alleging the sale of unregistered securities. A US court ruled in 2025 that the sale of XRP to retail investors did not fall under securities laws, but institutional purchases of XRP did. The development led to a surge in investor confidence.
XRP’s upswing, unfortunately, was short lived. The asset succumbed to larger market forces. The cryptocurrency sector took a hit late last year due to increased geopolitical tensions and macroeconomic uncertainties.
Also Read: XRP’s Biggest Bull Just Made a Prediction Few Saw Coming
There is a possibility that the cryptocurrency market will take another hit later this year. Inflation in the US rose to 4.2% in May, and the Federal Reserve decided to keep interest rates unchanged. Many experts anticipate the Federal Reserve to instead hike interest rates on two occasions later this year. Higher interest rates could lead to another exodus of investors from the cryptocurrency market. XRP could see a dip below the $1 mark under such circumstances.
