Quick Read

• XRP has fallen 41% in 2026, from a $1.84 year-end 2025 close to $1.09 today, despite every major catalyst arriving this year. The SEC and CFTC formally classified XRP as a commodity in March, spot XRP ETFs have pulled in $1.43 billion in cumulative inflows (with a record $131.94 million in May alone), and the CLARITY Act cleared the Senate Banking Committee in May.

• The infrastructure to support a much higher XRP price already exists. There are over 300 financial institutions on RippleNet, Ripple’s conditional OCC trust bank charter (December 2025) now active under the OCC’s April 1 rule, bank partnerships across Europe and the UAE, RLUSD under dual federal-state oversight, and $474 million in XRPL real-world…