XRP experienced a significant downturn of more than 17% on Thursday, marking its most considerable single-day decline since October 2025. According to data from CoinGecko, this decline pushed XRP's value below $1.25, contributing to a total weekly decrease of nearly 30%. The latest drop has also impacted its market capitalization, which fell to $75 billion from a peak of $210 billion noted in July 2025.
As it stands, XRP has decreased by 45% from its high this year of $2.41 observed in January 2026. This price erosion is occurring amidst a broader downturn in the cryptocurrency sector, with Bitcoin seeing a 9% reduction as it approached $65,000, Ethereum slipping below $2,000, and Solana trading close to $82. This widespread selloff demonstrates the vulnerabilities present in the market for major tokens.
Despite the ongoing price reductions, XRP exchange-traded funds (ETFs) have shown remarkable resilience. Since their introduction in November 2025, these financial products have witnessed net inflows on nearly all trading days, with only four exceptions. The current week saw approximately $24 million in inflows, raising the cumulative total to $1.2 billion, based on data from SoSoValue. This resilience in XRP ETFs suggests ongoing investor confidence, even amidst wider market instability.