Story
XRP Plunges Over 11% in Largest Daily Drop Since February
Summary
The price of XRP fell sharply on Sunday, marking its most significant single-day percentage loss in several months and causing its market capitalization to drop to approximately $92.5 billion.
XRP experienced a significant sell-off on Sunday, with its price falling 11.28% to trade around $1.4745 as of 12:00 (04:00 GMT). The decline marked the cryptocurrency's largest single-day percentage drop since February 5, according to data from the Investing.com Index.
Market Cap and Trading Volume
The sharp price decrease pushed XRP's market capitalization down to $92.53 billion, representing 3.56% of the total cryptocurrency market. This is a substantial reduction from its previous peak market cap of $210.60 billion.
Over the preceding 24 hours, XRP traded within a range of $1.4626 to $1.5186. Its 24-hour trading volume was recorded at $14.04 billion, accounting for 10.94% of the total volume across all cryptocurrencies.
Weekly Performance and Broader Context
Despite the weekend plunge, XRP has posted strong gains over the past week, rising 46.85%. During the last seven days, the digital asset has traded between $0.9886 and $1.6950.
AdThe current price remains 59.66% below its all-time high of $3.66, which was reached on July 18, 2025.
Other Major Cryptocurrencies
The broader cryptocurrency market also saw declines on Sunday. According to Investing.com data, other major digital assets moved lower:
- Bitcoin (BTC) was down 1.98%, trading at $76,932.1. Its market cap stood at $1.54 trillion, representing a market dominance of 59.40%.
- Ethereum (ETH) fell 4.05% to trade at $2,414.03. Its market cap was $291.01 billion, or 11.19% of the total market.
Read next
More on Crypto
Phoenix Exchange Adds SOL as Collateral for Perpetual Futures Trading
The Solana-based perpetuals exchange now allows traders to use SOL as margin for their positions, removing the need to convert the token to stablecoins before trading.
SEC Chair Vows to Advance Crypto Rules Using Existing Authority After Senate Bill Stalls
Securities and Exchange Commission Chairman Paul Atkins has announced the agency will proceed with crypto-asset regulation under its current legal powers following the legislative failure of the CLARITY Act in the Senate.
Coinbase Overhauls Trading Fees for Active Users on Advanced Platform
The cryptocurrency exchange has lowered volume thresholds and reduced spot trading rates for users on its Coinbase Advanced platform, aiming to attract more active traders globally.
XRP Tumbles Nearly 10% as US Senate Vote Stalls Crypto Regulation Bill
The price of XRP fell sharply after the CLARITY Act failed a key procedural vote in the U.S. Senate, erasing a 'regulatory premium' that had built up in anticipation of clearer rules for digital assets.