XRP Price Drop Pressures Institutional Conviction

[cryptoenthusiast]

XRP Price Performance. Source: BeInCrypto Markets

XRP’s recent price action has weighed heavily on institutional holders. The token has fallen roughly 25% since Evernorth’s treasury announcement and now trades near $1.87, below its level at the start of the year.

On-chain data shows nearly half of XRP’s circulating supply is currently underwater, signaling widespread losses. Analysts warn the current cycle could end XRP’s two-year streak of positive annual returns, testing investor confidence in long-term accumulation strategies.

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Makes you wonder if long-term accumulation actually pays off when the market flips