Key Points XRP has dropped over 60% from its July peak despite major bullish catalysts like the SEC case resolution and ETF launches coming to fruition. Ripple's most widely adopted banking product doesn't actually require XRP. Ripple's pivot toward its own RLUSD stablecoin could weaken demand for XRP. 10 stocks we like better than XRP › The cryptocurrency XRP (CRYPTO: XRP) has lost more than 60% of its value since peaking near $3.65 last July. It now trades around $1.38, roughly the same price it was before the Securities and Exchange Commission (SEC) dropped its case against Ripple and before spot XRP exchange-traded funds (ETFs) -- like the Canary XRP ETF -- launched in the U.S.
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