XRP trades near $1.08 and barely moved while Bitcoin, Ethereum, and Solana bounced this month, leaving it one of the worst-performing major coins of 2026.
XRP's crash is already behind it. It fell from $3.65 to near $1 over six straight losing months, and the problem now is that it isn't recovering with the rest of the market.
When money returns to crypto, it buys coins with a fresh catalyst, like the tokenization plays Solana and Ethereum. XRP's last catalyst was the March commodity ruling, and it has faded.
The bill that could turn XRP around, the CLARITY Act, is stuck in the Senate over an ethics fight and has to pass before the August 7 recess or risk slipping into next year.
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The crypto market has had a rough 2026, down about 30% on the year with most major coins deep underwater. There's been some sort of relief this month, as a soft inflation report cooled fears of more rate hikes and sent money back into crypto. Bitcoin (CRYPTO:BTC) pushed back above $64,000, Ethereum (CRYPTO:ETH) climbed toward $1,850, and Solana (CRYPTO:SOL) led the major cryptos higher on the week.
XRP (CRYPTO:XRP) got left behind. While the rest of the market bounced, XRP barely moved, stuck near $1.08 and still down on the month. It has been one of the worst-performing major coins all year, and this latest rally passed it by. Here's why XRP keeps missing these moves, and what it would take to change that.
XRP peaked at $3.65 in July 2025, riding high on Ripple's courtroom win over the SEC. Then the whole market turned in October when a surprise round of U.S. tariffs on China set off the biggest liquidation crypto has ever seen. XRP fell with the broader market, sliding about 45% to around $2.00 by December.
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Meanwhile, XRP's first set of spot ETFs launched in mid-November, right into the downturn, and they were a hit. They pulled in $1.3 billion in their first 50 days, went more than a month without a single day of outflows, and became the second-fastest crypto ETF ever to cross a billion dollars. Yet the XRP price kept falling through all of it and ended the year near $1.85.
XRP got one more push in early January, surging 25% to bounce back to around $2.41 as the ETF excitement and Ripple's conditional approval of a national bank charter in December sparked what seemed like a recovery. However, that was the last good moment. From then on, the XRP price has been steadily dropping for six straight months, giving back everything and more, until it closed June at $1.03 with the weakest monthly momentum reading in its history.
Source: Yahoo Finance Top News — This article was automatically imported from the source. Read full article at original source →
