Overview
- XRP slipped under the $1 mark on Tuesday, trading at roughly $1.00 and hitting its weakest levels since late 2024.
- A Ripple SEC filing shows Grayscale's XRP Trust sold 103.41 million XRP in the first half of 2026 and recorded a $34.16 million realized loss on those redemptions.
- US-listed spot ETFs have still taken in about $1.4–$1.5 billion cumulatively but weekly inflows have cooled to roughly $14.9 million, removing a recent steady buyer from the market.
- On-chain and market depth measures have contracted with monthly active addresses and ledger fees sharply lower while million‑XRP wallet counts rose, creating a divergence between large‑wallet accumulation and thin exchange liquidity.
- A Coreum bridge incident that moved roughly 199,916 XRP was traced to relayer software logic rather than the XRP Ledger itself, adding an operational risk that could further pressure sentiment and amplify moves when liquidity is thin.