"XRP was on a wild ride in August. The token hit $3.66 back then, riding a wave of optimism that had traders excited about altcoins again. Institutions were buying, retail was jumping back in, and everything looked bullish. Then reality hit. Profit-takers showed up first, locking in gains after the August peak. Trading volume started dropping off, the broader crypto market lost steam, and XRP couldn't hold the highs."
"September brought the first real damage. XRP slipped below $3.00 and kept sliding. Then a crypto flash crash in mid-October smashed through support at $2.70, then $2.50. Every time XRP tried to bounce, sellers showed up at those same levels and pushed it back down. But what matters is that XRP's still up 312% over the past year. The six-month chart looks rough, but the annual return tells a different story about long-term momentum."
Regulatory uncertainty previously kept XRP rangebound for years, but recent developments have reintroduced market momentum. Strategic partnerships and institutional interest increased over the past year, while regulatory pressure eased. XRP peaked at $3.66 in August before profit-taking, falling trading volume, and a mid‑October flash crash pushed prices beneath multiple support levels. Despite six‑month volatility, XRP remains up 312% year‑over‑year, reflecting strong longer‑term momentum. Major corporate moves include a partnership with Mastercard, Gemini, and WebBank to pilot RLUSD stablecoin settlements on the XRP Ledger for real Mastercard transactions. Several 2026 catalysts could accelerate adoption and upward price pressure.
Read at 24/7 Wall St.
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