The lawsuit between SEC and Ripple has been going on for so many years, and finally came to an end in 2025. In the month the news broke, XRP surged 23% in a single month, reaching $3.38. Many people's logic is: the bad news has been fully released, it should rise, right? #XRPUSDT🚨
So what happened? As of early April 2026, XRP dropped to around $1.30, more than 60% down from its historical high of $3.66. The first quarter of this year saw a decline of 27.1%, marking the worst start since 2018.
Why did this happen? Several reasons come together. First, the enthusiasm for ETF funding has waned. In March alone, $31 million flowed out of the US XRP ETF, and globally, $130 million was withdrawn. Second, the futures open interest dropped from a high of $10.8 billion to just $2.4 billion, shrinking nearly 78%. Third, the tariff policies of the Trump administration have created a less friendly macro environment, particularly impacting cross-border payment assets.
However, there is still some hope. In mid to late April, the US Senate will review the CLARITY Act, which, if passed, would legally classify XRP as a 'digital commodity.' Although the current technical indicators are weak, and prices have been hovering below the moving averages, April has traditionally been a good month for XRP—averaging a rise of 24.8%.
It is common for the price to drop after all the good news is out in the cryptocurrency circle. The key is whether the upcoming legislative window can truly turn the sentiment around.
So what happened? As of early April 2026, XRP dropped to around $1.30, more than 60% down from its historical high of $3.66. The first quarter of this year saw a decline of 27.1%, marking the worst start since 2018.
Why did this happen? Several reasons come together. First, the enthusiasm for ETF funding has waned. In March alone, $31 million flowed out of the US XRP ETF, and globally, $130 million was withdrawn. Second, the futures open interest dropped from a high of $10.8 billion to just $2.4 billion, shrinking nearly 78%. Third, the tariff policies of the Trump administration have created a less friendly macro environment, particularly impacting cross-border payment assets.
However, there is still some hope. In mid to late April, the US Senate will review the CLARITY Act, which, if passed, would legally classify XRP as a 'digital commodity.' Although the current technical indicators are weak, and prices have been hovering below the moving averages, April has traditionally been a good month for XRP—averaging a rise of 24.8%.
It is common for the price to drop after all the good news is out in the cryptocurrency circle. The key is whether the upcoming legislative window can truly turn the sentiment around.