XRP price remains locked near $1.04 on June 26, 2026, down 3.74% in 24 hours and trading below every major moving average despite a string of heavyweight bank partnerships. Ripple has sealed a tokenized Treasury deal with JPMorgan, deepened ties with Deutsche Bank, and launched its RLUSD stablecoin with SBI. The stablecoin’s market value surpassed $1 billion, and XRP spot ETFs attracted $5.31 million in fresh inflows on June 22 alone, extending a seven-week accumulation streak. Support is firm at $1.00, resistance at $1.17, and analysts say a ‘$2.00’ target hinges on the CLARITY Act clearing the Senate.
Meanwhile, Ethereum’s price is under intense pressure at $1,565, down 68% from its all-time high of $4,953. The Ethereum Foundation announced on June 23 that it had laid off 54 employees—20% of its workforce—and cut its 2026 budget by 40%. Nine senior leaders have departed since January, but co-founder Vitalik Buterin insists the restructuring will keep the protocol funded through 2030. The ETH market weathered $157 million in liquidations over 24 hours, with $140 million coming from long positions. Key support lies at $1,524; a break lower could open $1,404 and even $1,155. Still, some analysts see a recovery range of $2,000–$2,500, and Standard Chartered has maintained its long-term bullish call, noting that over 30% of ETH supply is staked, limiting sell pressure.
Amid this turbulence, the new meme‑coin project Pepeto has raised $10.33 million in its presale. Built by the original creator of the Pepe meme coin (which reached an $11 billion market cap) and a former Binance development executive, Pepeto boasts a live exchange with zero‑fee on‑chain swaps, a cross‑chain bridge that moves assets between Ethereum, BNB Chain, and Solana without gas charges, and an automated contract scanner that screens tokens before any funds are sent. The code has been audited by SolidProof, and staking is offered at 169% APY while the presale stages close ahead of a planned Binance listing. The project’s backers argue that capturing even a small fraction of Ethereum’s market size could deliver returns far exceeding the incremental gains projected for mature assets like XRP and ETH.
