"XRP's market cap shrank from roughly $112 billion at the start of the year to $83 billion by the end of March, a drop of nearly $29 billion in three months."
"Despite the dismal Q1, XRP is heading into the second quarter of the year with a key catalyst that could turn things around: the CLARITY Act."
"What makes the Q1 decline so frustrating is that the fundamentals underneath XRP have never been stronger, with the SEC and CFTC classifying XRP as a digital commodity."
XRP's price fell from $2.40 in January to $1.33 by the end of March, marking a 27.1% decline for Q1 2026. Geopolitical tensions and rising oil prices contributed to this downturn. The market cap decreased from $112 billion to $83 billion. Despite the poor performance, XRP's fundamentals improved with the SEC and CFTC classifying it as a digital commodity. The upcoming CLARITY Act in April may provide a catalyst for recovery in the second quarter, alongside a broader crypto market rebound.
Read at 24/7 Wall St.
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