There has been an interesting development recently regarding XRP price forecasts. The token, currently trading at around $1.41, has experienced a 2.89% decrease over the past 24 hours, but the most significant progress is quietly continuing in the background.

A major modernization process has begun on the core infrastructure of XRPL. According to statements from lead developer Denis Angell, the foundation of its deposit system is being completely rebuilt. This work may seem boring, but it is critically important. Six active workflows—telemetry, naming system, type safety, restructuring, and documentation—are progressing in parallel. As Angell mentioned, it’s boring work, but necessary for the network’s long-term competitiveness.

From a technical perspective, most XRP price prediction models remain cautious. The current level of $1.41 is just below the 50-day moving average of $1.40–$1.42. The 200-day average is around $2.04–$2.07. XRP, which has fallen about 36% since the beginning of the year, has found strong support in the $1.27–$1.29 range. If this level is broken, a more significant decline toward the $1.10 range could occur.

Looking at market fear indicators, the current situation either shows a sharp reversal or capitulation sentiment before a final wave of selling, based on historical patterns. The target of $2.04 by September 2026 appears theoretically achievable, but it requires a consistent, unseen buying pressure in the market.

What’s interesting is that, considering XRP’s current valuation, it has asymmetric upside potential compared to early-stage assets. Especially, such infrastructure layer updates could influence price performance in the long term. Therefore, those making XRP price forecasts should also consider these background developments. While short-term resistance and support levels are important, these project-level efforts may represent value not yet priced into the market.