XRP Plunges Over 11% in Sharpest Daily Drop Since February

XRP saw a significant price drop on Sunday, falling 11.28% to trade at $1.4745 as of 00:00 (04:00 GMT), according to the Investing.com Index. The sharp decline marked the digital asset's largest single-day percentage loss since February 5.

Market Impact

The bearish move significantly impacted XRP's market valuation. Key figures from the trading session include:

• Market Capitalization: Fell to $92.2874 billion, representing 3.55% of the total cryptocurrency market cap.
• 24-Hour Trading Range: The asset traded between a low of $1.4626 and a high of $1.5186.
• Trading Volume: Reached $14.0393 billion in the preceding 24 hours, accounting for 10.85% of the total volume across all cryptocurrencies.

At its current price, XRP remains 59.66% below its all-time high of $3.66, which was set on July 18, 2025, according to the data source.

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Broader Market Context

Despite the sharp daily decline, XRP has posted strong gains over a longer timeframe, rising 46.85% over the past seven days. The seven-day trading range spanned from $0.9886 to $1.6950, highlighting recent volatility.

The sell-off was not isolated to XRP, as other major cryptocurrencies also traded lower. Bitcoin was down 1.98% to $76,932.1, while Ethereum fell 4.05% to $2,414.03. Bitcoin's market cap stood at $1.54 trillion, or 59.37% of the total market, with Ethereum's at $291 billion, or 11.19% dominance.