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XRP falls 3.8% amid cautious trading despite new Solana launch and unconfirmed Iran nuclear claims.

Market News
18 Apr 2026
FXEmpire
View Source
Bearish
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XRP dropped 3.8% from its weekly high as traders remained cautious following unconfirmed claims by Donald Trump that Iran agreed to suspend its nuclear program. Meanwhile, wrapped XRP (wXRP) launched on Solana, enabling XRP holders to access DeFi with over $100 million in total value locked. Despite this utility boost, XRP faces bearish pressure with negative funding rates on Binance and a technical setup suggesting a possible 20% further drop. The market remains fragile, and traders are watching closely for a breakout that could reverse the downtrend.

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