XRP falls to $1.48 amid broader crypto decline, with structural challenges raising risks of further 90% downside.
XRP has declined 60% from its all-time high last July, trading at $1.48 as the broader cryptocurrency market contracts by 36% from its peak. Investors are shifting away from speculative assets, pressuring tokens with uncertain long-term value.
The Ripple Payments network, designed to streamline cross-border transactions by eliminating intermediaries, underpins XRP’s utility. However, adoption challenges and competition from alternatives like SWIFT threaten its real-world use case, adding to downward pressure.
Historical patterns suggest XRP could face a 90% drop from current levels if structural issues persist, though its role in Ripple’s payment infrastructure may limit extreme losses.