Gate News, March 23 — XRP (XRP) dropped 3.74% today to $1.39, down about 62% from its all-time high of $3.65 in July 2025. Open interest has fallen 75% from its peak, with leverage positions continuing to be liquidated. This adjustment is related to macroeconomic pressures such as the US-Iran war, soaring oil prices, and weakening Fed rate cut expectations, which have dragged down overall risk assets.
Senior family office expert Jake Claver pointed out that each bank launching a stablecoin creates a new monetary system, and these currencies need to interconnect. This fragmentation is not a competition for XRP but aligns with Ripple’s original goal of solving cross-chain interoperability. The emergence of more isolated liquidity pools actually increases the potential demand for XRP as a neutral bridging asset. Black Swan Capitalist founder Versan Aljarrah stated that XRP holders are leveraging new payment system infrastructure to participate early in the financial system reset.
Despite the price pressure on XRP and the lack of market confidence shown by open interest, institutional infrastructure continues to expand. Evernorth Holdings filed an S-4 on March 18, planning to go public via a SPAC merger with Armada Acquisition Corp. II. They hold about 473 million XRP, worth approximately $685 million, with supporters including Ripple, SBI Holdings, and Pantera Capital. This indicates that XRP still has room for deployment within banks and financial institutions, relatively independent of price fluctuations.
Analyst Xaif Crypto said that whether the fragmentation theory of stablecoins can translate into measurable on-chain demand remains uncertain, but the market is generally watching the gap between falling prices and infrastructure expansion. In the coming months, this divergence could become a key focus for XRP investors and analysts, influencing its short-term price movements and institutional adoption rate.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Futures and Options on CME Group Hit $13 Billion in Q1 2026, Ranking Third After Bitcoin and Ethereum
Gate News message, April 27 — CME Group's Q1 2026 crypto derivatives data shows XRP futures and options notional volume reached $13 billion, positioning it as the third most active contract after Bitcoin ($378 billion) and Ethereum ($155 billion).
Solana led the secondary tier with $21 billion in n
GateNews3h ago
XRP Price Consolidates as Market Awaits Breakout Signal
Key Insights:
XRP consolidation between $1.20 and $1.45 signals a buildup phase as reduced volatility and balanced pressure prepare the market for a breakout.
An open interest drop from $10 billion to $2.57 billion reflects a leverage reset, indicating a healthier derivatives structure and r
CryptoNewsLand4h ago
Hoskinson Calls Clarity Act 'Insanity,' Says It Would Classify XRP as Security
Charles Hoskinson, founder of Cardano, stated in an interview that the Clarity Act in its current form would classify XRP, Ethereum, and ADA as securities if those projects were founded today, contradicting celebrations from the XRP community over the bill's passage.
The Security Trap Mechanism
H
CryptoFrontier4h ago
XRP Price Nears $1.50 Breakout as Triangle Tightens
Abstract: XRP is trading within a tightening symmetrical triangle, indicating a potential bullish breakout as momentum builds. A green Supertrend and rising MACD support the case, with price near $1.41 and resistance at $1.50 and support at $1.20. A break above $1.50 could target around $1.61; a break below $1.20 could drive toward $1.00, all amid cautious market conditions.
Summary: XRP is consolidating in a tightening symmetrical triangle near $1.41, with bullish momentum as Supertrend turns green and MACD rises. A breakout above $1.50 could target $1.61, while a drop below $1.20 risks $1.00.
CryptoNewsLand5h ago
Coinshares: $1.2B Crypto Inflow, Bitcoin Leads Fund Flows
Cryptocurrency investment products received $1.2 billion in inflows last week, marking the fourth consecutive positive week, according to a Coinshares report. Bitcoin surged above $79,000 before Asian market opening, though the move was short-lived, with BTC subsequently dropping to around $77,600.
CryptoFrontier7h ago
