XRP has been underperforming alongside the broader market, losing 2.6% over the past week to trade around $1.32 as of May 27. The altcoin is down 9% in two weeks, 8% over the past month, and 42% year-over-year. Price action remains choppy and range-bound between $1.30 and $1.40, a zone many analysts view as pivotal.
On-chain metrics are flashing a potential reversal. Santiment reports that the XRP bullish-to-bearish social sentiment ratio has dropped to 1.1:1, reaching a three-week fear high — a level the firm typically considers a buy signal. Further, XRP’s 30-day Market Value to Realized Value (MVRV) has fallen to its lowest since December 2020. The average trader active in the last 30 days is down 47%, and Santiment describes this as an “extreme undervalued zone” that has historically preceded rebounds.
Whale activity is reinforcing that outlook. CryptoQuant analyst Amr Taha confirmed that 122 million XRP was withdrawn from Binance in a single session on May 22 — the largest daily outflow since early February. Net exchange position change turned negative by 30 million that day, signaling strong accumulation.
Spot XRP ETFs have seen 16 consecutive sessions of net inflows, totaling $116.75 million, according to SoSoValue data. Derivatives markets are also tilting bullish: open interest in XRP futures rose more than 1% to $2.86 billion, with both CME and Binance posting gains.
Technical indicators add to the positive case. Bollinger Bands on the daily chart have compressed to their tightest range since mid-2024. Analyst Crypto Patel notes that similar squeezes in the past preceded upward moves of 58% to 82%. However, XRP remains below its 50-, 100-, and 200-day moving averages, with an RSI near 41, and analyst ChartNerd warns that losing the current support could trigger a broader pullback.
Separately, the XRP Ledger Foundation has proposed a major upgrade dubbed AMM v2, which would allow liquidity pool creators to choose from multiple curve types — including Concentrated Liquidity, StableSwap, and Constant Product pools — to boost capital efficiency and tokenization across the ecosystem.
Ripple is also targeting tokenized finance as a key growth vertical. A joint study with BCG and Securitize forecasts tokenized assets could grow 100-fold from today’s $34 billion market to $18.9 trillion within six years. Ripple intends to build the money layer for tokenization, leaning on its RLUSD stablecoin and the XRPL infrastructure, which already supports hundreds of real-world asset projects.
Community buzz is further fueled by unconfirmed rumors that Ripple may acquire USDC issuer Circle for $11 billion. The speculation reignited after the XRP Ledger Foundation posted a cryptic message on X. Neither company has confirmed any deal, and Ripple CEO Brad Garlinghouse previously denied a Bloomberg report of a $4–$5 billion bid. If true, the acquisition would combine USDC and RLUSD under one roof and potentially make XRP a central settlement asset between large liquidity pools.
On a corporate note, Fortune Magazine has named Ripple one of the best workplaces in the Bay Area for 2026, with 95% of employees rating the environment positively.
