XRP has fallen back to levels from two years ago, hitting a low of $0.89.
It has now fallen all the way back to where last November’s post-election rally began: down 36% this quarter, and more than 70% from its July peak of $3.60.
It’s not just the price that’s falling—money is flowing out too. U.S. spot XRP ETFs saw net outflows of $19.13 million last week, their biggest weekly outflow since March. The combined market cap of USDT and USDC has shrunk to $244 billion, its lowest level since September. Stablecoins lost $17 billion in a month—the fastest monthly contraction since 2022.
Put simply, this isn’t a problem with any one coin; buying power across the entire market is thinning out. ETFs are seeing outflows and stablecoin supply is shrinking, leaving less money in the market and making a chain reaction more likely with even a slight dip.
This whale’s take: $XRP is no longer about chasing good news—it’s about stopping the bleeding first. If the $0.90 level doesn’t hold, the next stop will be lower. Even if it does hold, we’ll need to see ETF inflows return before we can talk about catching our breath.
It has now fallen all the way back to where last November’s post-election rally began: down 36% this quarter, and more than 70% from its July peak of $3.60.
It’s not just the price that’s falling—money is flowing out too. U.S. spot XRP ETFs saw net outflows of $19.13 million last week, their biggest weekly outflow since March. The combined market cap of USDT and USDC has shrunk to $244 billion, its lowest level since September. Stablecoins lost $17 billion in a month—the fastest monthly contraction since 2022.
Put simply, this isn’t a problem with any one coin; buying power across the entire market is thinning out. ETFs are seeing outflows and stablecoin supply is shrinking, leaving less money in the market and making a chain reaction more likely with even a slight dip.
This whale’s take: $XRP is no longer about chasing good news—it’s about stopping the bleeding first. If the $0.90 level doesn’t hold, the next stop will be lower. Even if it does hold, we’ll need to see ETF inflows return before we can talk about catching our breath.
