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XRP falls to 2024 lows, risks 23% more drop despite Ripple ex-CTO's new roadmap.

Technical Signals
06 Jun 2026
BeInCrypto
View Source
Bearish
pluang ai news

XRP's price dropped below $1.10, its lowest since 2024, with analysts warning of a potential further 23% decline to around $0.84 amid broader crypto market weakness. The drop is driven by technical breakdowns and automated selling, though some see the correction as a healthy market cycle. Meanwhile, Ripple's former CTO David Schwartz unveiled a roadmap focusing on expanding XRP Ledger's use in tokenizing real-world assets, aiming to bridge traditional and decentralized finance. Despite this vision, XRP's price remains pressured by macroeconomic factors and market sentiment, with recovery dependent on broader market stabilization and on-chain growth.

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