As XRP price dropped below a crucial psychological support level around $1 for the first time in 2026 this week, on-chain data shows large holders, XRP Ledger (XRPL) wallets with a balance of more than 1 million tokens, have gradually increased and reached a multi-month peak.
XRP rebounded after testing $1, but traders will watch for concrete regulatory guidance rather than relying on market optimism.
A 70% rally from here would only get XRP to the middle of Perplexity's target range. Perplexity AI predicts XRP can reach $1.60-$2.20 by the end of 2026, with its latest XRP Price Prediction settling on $1.75 as the most likely bullish target.That is a bold reversal call with XRP sitting at $1.0235.
Nearly 200,000 XRP worth about $200,000 were drained after bridge software accepted fake deposits and issued unbacked bridged XRP. The attacker redeemed those synthetic balances for genuine XRP, while 17 of 28 relayers approved payouts because internal records falsely showed legitimate deposits.
A bridge flaw led to the unauthorized withdrawal of 200,000 XRP, highlighting the vulnerabilities in bridge technology.
XRP slipped below $1 as leverage rebuilt and selling pressure deepened across the market. Data from CryptoSlate showed that the digital asset fell as low as $0.99 during the session, its weakest level since November 2024, when Donald Trump won the US presidential election.
A falling wedge keeps XRP caged: the OG altcoin needs to hit the green SuperTrend before any real upside arrives.
XRP's whale concentration grows during market weakness as falling NVT strengthens its recovery narrative.
A relayer logic flaw let an attacker drain nearly 200,000 XRP from the Coreum-XRPL bridge without stealing validator or multisig keys.
Prediction market participants are assigning low odds to XRP reaching a new all-time high in 2026, amid the cryptocurrency's struggle to establish a sustained move above the $1 mark.
XRP futures surge highlights market's sensitivity to macroeconomic shifts, potentially impacting crypto volatility and investor strategies. XRP futures activity surges post-CPI report, signaling volatility ahead.
Wednesday's big story is XRP (XRP), the payments-focused cryptocurrency. Not only did a bridge linking to the XRP Ledger experience an exploit early today, but the token price also hovers near a level that, if breached, could embolden bears.