Ripple’s XRP Token is following the overall market downturn, although it seems to be gaining significant support at the $1 mark. CoinGecko data shows In the past month, XRP’s price has dropped to $1.04 twice. The first time was on July 1 and again on August 6th. Patterns suggest that XRP is at its current bottom price. Discuss where the asset might go next.
What’s Next for XRP?
XRP has struggled for years due to Ripple’s SEC lawsuit. Financial authority filed lawsuit against fintech firm in December 2020 accusing it of unregistered security sales. US courts ruled in 2025 the sale of XRP for retail purposes did not come under securities law, but sales to institutions would. It brought a great deal of clarity to the regulatory landscape for the asset. The asset went on to reach a record high in July 2025 of $3.65.
US Senate is on the verge of voting to approve the CLARITY Act. The bill aims to increase investor protection, as well as regulatory clarity in the cryptocurrency industry. The bill could give institutional and retail investors a confidence boost if it becomes law. XRP could see a price increase under these circumstances.
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Inflows of ETFs is another factor. XRP was also the subject of several ETFs that were launched in late 2018. The ETFs are now a major part of cryptocurrency. ETFs will likely increase in volume when bullish forces gain control. A bullish market and an increase in ETF flows could help XRP reach a new high.
XRP is not likely to reach a record high price just yet, despite a possible rally. Bitcoin (BTC), and likely other assets, will reach their next peak around 2029.
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Source: watcher.guru
