XRP has experienced massive losses and panic selling, with long-term holders exiting at unprecedented rates, pushing the token down 60% from its peak. Despite positive developments such as regulatory clarity, ETF approvals, and adoption by major firms, XRP's price remains weak at around $1.41, leading to uncertainty over its future. Analysts suggest the current selloff might be a capitulation phase, yet investor sentiment remains cautious amid ongoing market underperformance.