XRP, the world's sixth largest cryptocurrency, has lost more than 60% of its value in a year and is currently trading at $1.09. The cryptocurrency has been trading at the level for a few week
XRP, the world's sixth largest cryptocurrency, has lost more than 60% of its value in a year and is currently trading at $1.09.
The cryptocurrency has been trading at the level for a few weeks now—the last time it hit this level was in November 2024.
XRP has a long and tumultuous history as it became the face of the battle regarding the regulatory status of cryptocurrencies in the United States when the Securities and Exchange Commission (SEC) sued Ripple in December 2020 for selling unregistered securities via the sale of XRP tokens. Ripple argued XRP is a digital currency, not a security.
Related: U.S. judge behind landmark XRP ruling deals fresh blow
In July 2023, Judge Analisa Torres ruled that Ripple’s programmatic sales of XRP on crypto exchanges didn't constitute securities violations, but the sale of these tokens to institutions violated securities laws.
As both parties appealed the judgement, the case went on for years until Donald Trump returned to the White House and Ripple and the SEC reached a settlement in August 2025.
Around the same time, XRP hit the all-time high (ATH) of $3.65 on July 18, 2025.
But the Oct. 10 crypto flash crash had XRP sinking and yet failing to recover past gains.
As XRP's price crashed more than 60% in a year, the interest of traders also faded.
Latest data from Google Trends shows that worldwide searches for "XRP" peaked during the July 13-20, 2025, week when the cryptocurrency hit its ATH.
XRP worldwide interest in a year, Source: Google TrendsSince then, the figure has only declined and stood at 9 during the July 12-19, 2026, week.
It means the current search interest is 91% lower than the peak, reflecting a fatigue among XRP traders.
Related: Mysterious trader buys millions ahead of Trump's White House meeting
