Key highlights:
, and they paint a similar picture. Market capitalization climbed to nearly $97 billion before beginning a steady decline. Recent readings place XRP’s market cap closer to $73–$75 billion.
That’s a sizable drop and points to capital leaving the asset during the correction. The drawdown data also shows XRP remains well below its previous highs. XRP is still about 67% below its all-time high, hanging in a range between 63% and 67% for months.
While it hasn’t recovered, it’s crucial to note that these metrics are weak but steady in identified accumulation zones on Patel’s long-term chart. So, while it looks bleak at first glance, there’s some stability in those areas.
Regulatory progress could change the narrative
One reason many XRP supporters remain optimistic is the improving regulatory backdrop. The SEC lawsuit officially ended in 2025, establishing that XRP is not considered a security when traded on public exchanges. That removed a major source of uncertainty that had followed the asset for years.
Now that attention has shifted to the CLARITY Act, which passed through the Senate Banking Committee in June 2026, XRP could see some big changes. If it becomes law, it’ll provide better guidelines for digital assets, making it easier for institutions to get involved. That’s a major boost they’re looking forward to.
Outside of regulations, the XRP Ledger keeps improving too. In May 2026, they activated the fixCleanup3_1_3 amendment for better reliability. On top of that, developers are hard at work on new features like protocol-level lending and privacy tools with zero-knowledge proofs.
What happens next for the XRP price?
The XRP price is sitting at an important decision point. The short-term trend remains under pressure after the loss of key moving averages and support levels. At the same time, XRP remains inside a major accumulation zone that many long-term investors have been watching for months.
If buyers continue defending the $1.15–$1.18 area, the next recovery attempt could target $1.30 and eventually the $3.14 level identified by Crypto Patel. If support fails, XRP could revisit the $1.10 region before finding a stronger base.
According to CoinCodex’s 1-month XRP price prediction, XRP could move toward $1.18, which is close to the current trading range and indicates limited price movement over the next month.
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