XRP price is consolidating around $1.44 ahead of Ripple's XRP Community Day event on February 11-12, 2026, despite entering a "stop-loss phase" as on-chain profitability turns negative for the first time since 2022. The cryptocurrency has fallen nearly 60% from its July 2025 peak of $3.65, with a 10% drop in the past week and over 40% in the last year.
The upcoming Community Day, hosted via three live X Spaces sessions, will feature key Ripple executives including CEO Brad Garlinghouse, President Monica Long, CTO David Schwartz, and CLO Stuart Alderoty. The event's agenda focuses on XRP adoption, real-world use cases, and the future of the XRP Ledger (XRPL), with discussions on regulated products like ETFs and ETPs, wrapped XRP, and innovations to expand utility. Ripple is also expected to share its 2026 roadmap covering cross-chain liquidity and deeper financial integration.
On-chain data from Glassnode reveals a concerning trend: the 7-day EMA of the Spent Output Profit Ratio (SOPR) has dropped to 0.96, indicating coins are being sold at a loss on average. This marks the first sustained move below the key 1.0 level since 2022, pushing the market into what analysts describe as a stop-loss driven selling phase. Interestingly, the selling pressure is primarily coming from smaller holders, with whale-to-exchange flows remaining near historical lows according to CryptoQuant data.
Despite the price weakness, institutional interest via spot ETFs remains a supportive factor. On February 9 alone, XRP ETFs saw total inflows of $6.31 million, led by Franklin ($3.15M), Canary ($2.31M), and Grayscale ($846K). Since launch, these ETFs have recorded total net inflows of $1.23 billion. Market participants are watching for potential entry by BlackRock, which manages $14 trillion in assets but has not yet launched an XRP ETF.
Technically, XRP faces resistance from declining 50-day and 100-day moving averages. The price has been pushed toward the lower Bollinger Band, indicating volatility settling to the downside. The $1.45–$1.50 range, previously strong support, is now being retested with weak buyer response. If selling pressure continues, the price could move toward the $1.35–$1.30 support zone, with a break below $1.30 potentially opening the door to $1.20.
