XRP plunges 17% in sharpest one-day drop since 2025 as token crashes below $1.25

$XRP plunged over 17% on Thursday, its steepest one-day loss since October 2025, according to CoinGecko data.

The drop sent the token below $1.25, extending weekly losses to nearly 30% and pushing its market cap down to $75 billion, a sharp fall from its $210 billion peak in July 2025.

$XRP is now down 45% from its January 2026 high of $2.41, as the broader crypto market endures one of its worst stretches in months. Bitcoin dropped 9% toward $65K, Ethereum fell below $2K, and Solana traded near $82, as the selloff widened across major tokens.

Despite the sharp decline, $XRP ETFs have remained resilient. Since launching in November 2025, $XRP exchange-traded products have posted inflows on all but four trading days. This week alone, inflows have totaled nearly $24 million, bringing cumulative net inflows to $1.2 billion, according to SoSoValue data.