NEW YORK, March 31, 2026, 14:11 EDT
XRP was last seen holding around $1.31 on Tuesday, slipping roughly 2% over the past day and testing $1.30 after logging its third consecutive decline. The token’s latest drop came as crypto markets faced another wave of selling that outweighed new interest in XRP. Coinbase
XRP stands out as one of the rare pockets still attracting cash. CoinShares Head of Research James Butterfill, in a Monday report, labeled XRP a “bright spot at $15.8m” in weekly inflows—even as the broader crypto investment product universe recorded its first week of net outflows in five weeks. Bitcoin, ether, and solana products all saw redemptions. CoinShares
Open interest — that’s the total value of open futures positions — dropped over 3% across crypto in the past 24 hours, CoinDesk said, a sign traders were dialing back leverage instead of piling in. On CME, April XRP futures changed hands near $1.3155 on Tuesday. CoinDesk
Ripple kept busy outside the token market. On Tuesday, Standard Chartered’s SC Ventures announced it led a funding round that put digital-asset market maker Keyrock’s valuation at $1.1 billion, with Ripple still backing the firm. SC Ventures CEO Alex Manson called “sophisticated liquidity infrastructure” a foundation for scaling tokenized markets. SC Ventures | Standard Chartered Bank
Still, XRP remains sizable. As of March 31, CoinGecko showed its market value near $81.1 billion, and 24-hour trading volume was about $1.86 billion. coingecko.com
Regulatory headwinds have lightened a bit. In March 2025, Reuters said Ripple reached a settlement with the SEC, agreeing to a $50 million payment—pending approval—after the agency dropped its appeal challenging the 2023 decision that XRP sales on public exchanges did not count as securities. Reuters
Even so, crypto prices remain out of sync. Bitcoin hovered above $67,000, with ether steady over $2,000 on Tuesday. Nexo’s Iliya Kalchev described bitcoin as being “left out from the broader macro narrative,” highlighting a patchy rotation of capital among digital assets. FXStreet
Immediate risk looks clear enough. According to FXStreet, XRP was nearing the $1.30 support level on Tuesday—a spot where buyers have recently shown up. But with open interest falling, traders appear to be cutting back leverage instead of layering on new bullish positions. FXStreet
XRP finds itself stuck for the moment: Ripple keeps pushing ahead with institutional market infrastructure, but the token itself trades more like a risk asset whenever market stress ramps up. SC Ventures | Standard Chartered Bank
