XRP’s Price Stares Down a 1.1 Billion Token Execution Squad of Sellers as the $1 Trapdoor Creaks Open

2026-04-02 14:17:59

The ride is getting bumpy for one of the world’s most popular digital assets. On Thursday, XRP’s price (XRP-USD) continued its downward slide, trading roughly 64% below its peak of $3.66. After a rough start to the year that saw the token lose nearly 30% of its value, XRP’s price now stares down a 1.1 billion token execution squad of sellers as the $1 trapdoor begins to creak open.

End of Quarter Sale - 50% Off TipRanks

Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Stiff Resistance Blocks XRP’s Path Up

The biggest hurdle for XRP’s price right now is a supply zone between $1.40 and $1.45. Data shows that investors bought over 1.1 billion tokens at this level in the past.

Whenever the price tries to climb above $1.40, these investors often etfs-before-sec-deadline-today">sell their holdings just to break even, creating a ceiling that is hard to break. Currently, the price is testing a lower support line at $1.30. If it falls below this, analysts warn the next stop could be $1.14, followed by a drop all the way to $1.

XRP’s Network Activity Shows a Cooling Trend

The pulse of the XRP network, the number of people actually using it, has slowed down significantly. Since mid-2025, daily active addresses have stayed muted at around 48,000 to 50,000.

Lower activity usually means there are fewer buyers and less interest in the token. Total daily transactions also took a hit, falling 44% in just the last few weeks. This lack of hustle and bustle on the network makes it much harder for the price to find the energy it needs for a recovery.

XRP Institutional Interest Hits a First-Ever Negative

For the first time since they launched in late 2025, U.S. spot XRP ETFs recorded a negative month. In March 2026, these funds saw $28 million move out of the door.

This is a major shift from January, when total assets in these funds peaked at $1.65 billion. Today, that number has dropped to around $947 million. Without big institutions putting new money into these ETFs, the XRP price loses one of its most important safety nets.

At the time of writing, XRP is sitting at $1.2951.

Disclaimer & DisclosureReport an Issue

XRP-2,66%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.