Everyone watching XRP’s recent movement should be aware: it is trading at $1.41, but even at these levels the market hasn’t fully settled down yet. After a small dip of -1,05% in the last 24 hours, this token—preserving an approximately %35 loss since the beginning of the year—has remained tightly clinging to key support levels.

But there’s something most traders miss here. The behind-the-scenes infrastructure upgrade of the XRP Ledger progressing quietly is a fairly serious undertaking. Core XRPL developers like Denis Angell are working intensively to completely rebuild the ledger’s foundation. At the beginning of April, six different workstreams were announced: core infrastructure, telemetry, a naming system, type safety, restructuring, logging, and documentation. As Angell puts it, this is boring work but critical. It isn’t focused on the user experience, but on back-end reliability and the developer experience. From Ripple’s projection perspective, such infrastructure updates determine the network’s competitiveness in the long run.

Technically speaking, what does the situation look like? The current price of $1.41 was sitting uncomfortably below the 50-day moving average. Resistance levels are in the $1.40–$1.42 range. The support zone is clustered between $1.27 and $1.29. If this support breaks, a wide gap could open up down to around $1.10. Historically, the fear index signals either a sharp reversal or a capitulation mood before the last round of selling.

Analysts indicate a recovery level of $2.04 by September 2026, but for that to happen, continuous buying pressure is required. It’s hard to see that in the current volume data. Even though XRP’s -35,65% performance this year looks bad, there is still asymmetric upside potential in its multi-billion-dollar market cap. Especially when developments like these haven’t yet been priced in at the infrastructure layer, it could be interesting for early-looking traders.