XRP Plunges Toward $1 as Regulatory Support Fades

XRP is clinging to the $1 mark and could drop another 50% as regulatory tailwinds vanish and ETF inflows dry up, according to CryptoQuant analysis.

CryptoQuant analyst PelinayPA wrote that XRP's decline toward $1 is not just a technical breakdown but a shift in market structure.

The absence of buyers is the real problem, as XRP has consistently made lower levels from its peak near $3.39, and while the major selling wave appears mostly done, no strong new demand has stepped in to replace it.

XRP whales bought over 72 million XRP in the past 24 hours, calling the accumulation notable given the weak price environment, according to analyst Ali Charts.