XRP has been in a persistent downtrend since July 2025, when it reached its all-time high. The coin is currently trading at its lowest levels since November 2024, but the XRP price is still higher than it was at any point between 2022 and 2024.
In the short term, XRP has failed to develop a trend in either direction. While its 30-day price change of +2.8% is welcome given the decisively negative geopolitical developments in the same time frame, XRP has been significantly outperformed by Bitcoin (+9%), Ethereum (+13%) and Solana (+13%) in this time period.
While XRP certainly has a dedicated base of supporters, the overall level of interest for XRP is currently in a slump, which is likely driven in part by a combination of relatively low short-term volatility and a prolonged bearish price trend.
It’s also important to highlight that XRP’s previous strong narratives, namely Ripple’s legal battle with the SEC and the anticipation of spot XRP ETF launches in the United States, have concluded. Ripple came out as the clear winner in the SEC lawsuit, and anyone can access XRP ETFs through their stock broker now.
With those narratives playing out and XRP lagging behind Bitcoin, investors likely feel that “nothing is happening” in regards to XRP at the moment. One signal backing this up is Google Trends data, which shows that U.S. search interest for the term “XRP” is currently sitting at its lowest level in a year.
The past month’s XRP ETF flows also indicate a lack of interest in the coin. According to data from The Block, the highest single-day net inflow into spot XRP ETFs in the last month was just $7.6 million. In this same time period, there have also been 5 separate trading days where the tracked XRP ETFs saw $0 in net flows and 6 separate trading days with negative net flows.
XRP price prediction
To gain another viewpoint, let’s examine CoinCodex’s algorithm-based XRP price prediction, which anticipates upward momentum for XRP over the coming months. According to the platform, XRP could reach a high of $1.68 in June, representing a 19% rise from its current value.
Looking further ahead, the outlook becomes even more optimistic. CoinCodex’s model predicts that XRP may climb to a local peak of $2.21 in October, which would mark a 56% increase compared to its current price.
Although this projection is clearly bullish, it still suggests that XRP is unlikely to approach its all-time high of $3.92 within the next year.
XRP news roundup
Recently, we have seen quite a few news updates related to Ripple, with some of them potentially also impacting the XRP Ledger. Here’s a quick breakdown of the latest Ripple and XRP news.
Ripple joins Singapore central bank initiative to test XRP Ledger-based trade settlements
Ripple is participating in the Monetary Authority of Singapore’s BLOOM initiative to test programmable cross-border trade settlements using the XRP Ledger and its RLUSD stablecoin. The project focuses on advancing settlement systems through tokenized bank liabilities and stablecoins, with Ripple collaborating alongside supply chain fintech firm Unloq to deploy a smart contract-based trade finance platform that automates payment execution once shipment conditions are verified.
By integrating trade obligations, financing processes, and settlement rules into a unified system, the initiative aims to improve transparency, reduce risk, and expand access to trade finance, particularly for small and medium-sized enterprises.
XRP treasury company Evernorth takes an important step towards public listing
Evernorth Holdings has filed an S-4 registration with the SEC to merge with Armada Acquisition Corp. II and list on Nasdaq as what it aims to become the largest publicly traded XRP treasury company, supported by more than $1 billion in gross proceeds.
The company has already accumulated a substantial XRP position, holding 388 million coins, and is backed by major institutional investors including Ripple, Arrington Capital, SBI Holdings, Pantera Capital, and Kraken. As part of the deal, Ripple contributed over 126 million XRP tokens, while additional investors committed both cash and XRP.
Rather than simply tracking XRP’s price like a passive investment vehicle, Evernorth plans to actively grow its XRP holdings per share through strategies such as institutional lending, liquidity provisioning, and participation in decentralized finance, including operating validators and leveraging Ripple’s RLUSD stablecoin.
The public listing is designed to give traditional financial institutions access to XRP exposure without directly holding digital assets, addressing regulatory and structural constraints faced by many large investors.
Ripple expands in Brazil and Australia
Ripple is significantly expanding its footprint in both Brazil and Australia by deepening its regulatory strategy and broadening its institutional product offerings.
In Brazil, the company is positioning itself as a comprehensive infrastructure provider for financial institutions by offering a full suite of services that spans cross-border payments, digital asset custody, stablecoin integration, and treasury management.
It is also moving to align with the country’s evolving regulatory environment by applying for a Virtual Asset Service Provider license with the Central Bank of Brazil, reinforcing its compliance-first approach. Ripple is already working with major local banks, fintechs, and exchanges to improve payment efficiency, enable stablecoin-based settlements, and support large-scale tokenization, while its RLUSD stablecoin is gaining traction as a regulated digital dollar solution across the region.
In Australia, Ripple’s expansion is centered on securing an Australian Financial Services License through the acquisition of a local payments firm, which would allow it to deliver fully regulated, end-to-end payment services.
This would enable Ripple to manage the entire transaction lifecycle while integrating traditional financial infrastructure with blockchain technology, improving speed, transparency, and efficiency for cross-border payments.
