XRP billion tokens experience net outflow by whales, lawyer says 2026 looks promising

robot
Abstract generation in progress

XRP is undergoing multiple pressures. The concentrated selling actions by large holders combined with overall market weakness have caused this cryptocurrency to enter a short-term correction cycle.

What is the current market situation?

Latest data shows that XRP is currently priced at $2.10, with a 24-hour change of +0.19%, performing slightly better than before, but the 30-day change is only +1.45%, indicating limited medium-term upward momentum. Compared to the broader market, XRP’s recent performance has been relatively countercyclical, suggesting a serious level of pressure.

Market participants have noticed that whale addresses have recently experienced a net outflow of about 1 billion tokens, which is often interpreted as a signal of large holders reducing their positions. Meanwhile, the overall trend in the cryptocurrency market is also not very optimistic, with multiple coins adjusting simultaneously, further expanding XRP’s downside potential.

Where are the disagreements?

Despite the obvious short-term pressure, legal experts supporting the Ripple ecosystem have offered a completely different perspective. These lawyers generally believe that XRP’s long-term value is undervalued by the market and predict that the token will experience a major turning point in 2026, potentially “shaking the entire industry.” Behind this optimistic outlook, there is usually a certain degree of confidence in Ripple’s business progress, policy environment, or technological applications.

Short-term vs Long-term

The current predicament of XRP is not an isolated event. The entire market is experiencing cyclical adjustments, but the resilience of different assets varies. For XRP holders, the challenge now is psychological endurance—whether to believe in the time gap between short-term volatility and medium-to-long-term potential, or to be driven by market sentiment.

XRP0,43%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)