Crypto: Xrp Price Slips Below $2 Despite Etf Demand, Robust Network 2026

XRP price plunged below $2 amid a market-wide sell-off as strong spot ETF inflows and a surge in XRP Ledger transactions failed to lift investor sentiment.

Spot XRP (XRP) exchange-traded funds (ETFs) have continued to attract investor interest, recording inflows every day of last week as transactions surged to a six-month high.

Unfortunately, these positive fundamentals didn’t help the bulls hold the price above the psychological $2 support level. How low can XRP price go?

XRP fell below $2 in a 6-day correction as trade war fears from Trump's Greenland tariff threats triggered market-wide sell-offs.

Strong fundamentals, such as $1.28 billion cumulative ETF inflows and a surge in XRP Ledger transactions to a six-month high, failed to lift investor sentiment.

XRP extended its correction on Monday, dropping below the $2 psychological level, marking six consecutive days of declines.

The sell-off extends across the crypto market, with Bitcoin (BTC) falling to $92,000 and Ether (ETH) pressing down on support at $3,000, triggered by US President Trump's weekend threat of new tariffs on European countries (over buying Greenland), sparking fears of renewed trade wars.

Related: Ripple targets MiCA passporting in EU with Luxembourg e-money nod

More than $788.9 million in long positions were liquidated, with Bitcoin accounting for $224 million of that total. XRP saw $39.5 million in long liquidations, the highest since Nov. 22, 2025.

Across the board, a total of $875 million was wiped out of the market in short and long positions, affecting around 250,000 traders, as shown in the figure below.

Source: CoinTelegraph