# XRP Price Stalls at $1.08

**Published:** 2026-07-29T07:13:27.565Z  
**Topic:** Ripple Xrp  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/7bb1f01f-d759-4e30-a6f8-985db33d42e3

XRP price drops 40% this year, stalls at $1.08 as crypto market recovers, with potential catalyst in CLARITY Act passing the US Senate, giving institutions a

XRP's price has stalled at $1.08, down 40% on the year, as the crypto market recovers with Bitcoin pushing back above $64,000 and Ethereum climbing toward $1,850. The stall is attributed to a lack of fresh catalysts, with the last major one being the SEC and CFTC's joint classification of XRP as a digital commodity in March, which only briefly lifted the price to around $1.60 [1].

| At a glance | |
|---|---|
| Price | $1.08 |
| 24h % move | 0% |
| Key level | $1.18 to $1.20 resistance |
| Catalyst | CLARITY Act passing the US Senate |

## What drove the move
The crypto market has had a rough year, down about 30% with most major coins deep underwater, but has seen some relief this month with a soft inflation report cooling fears of more rate hikes and sending money back into crypto [1]. However, XRP has been left behind, with its price barely moving and still down on the month. The lack of a fresh catalyst has made XRP unattractive to traders, who are instead investing in coins with more recent developments, such as Solana, which handles most of the tokenized-stock trading [1].

The XRP price has been steadily dropping for six straight months, giving back all its gains since the January bounce, which was sparked by the excitement around the launch of XRP spot ETFs and Ripple's conditional approval of a national bank charter [1]. The ETFs pulled in $1.3 billion in their first 50 days, but the XRP price kept falling, ending the year near $1.85 [1]. The current price of $1.08 is a far cry from its 52-week high of $3.65, and the coin is in need of a new catalyst to turn it around [2].

## The competitive picture
Ripple continues to develop new use cases for XRP and its blockchain payment technology, and has spent nearly $3 billion on crypto- and blockchain-related acquisitions [2]. The company is also taking steps to make XRP relevant, including efforts to harden the XRP blockchain against the quantum threat [2]. However, the lack of a fresh catalyst has made it difficult for XRP to compete with other coins, which have seen more recent developments and have been attracting more investment.

## What to watch
* The passage of the CLARITY Act in the US Senate, which could give institutions the legal cover they need to buy XRP in size [1]
* The $1.18 to $1.20 resistance level, which has been acting as a ceiling on the XRP price [1]
* The launch of new XRP spot ETFs, which could provide a fresh catalyst for the coin [1]

The real significance of XRP's current price stall is that it highlights the need for a fresh catalyst to turn the coin around. With the CLARITY Act pending in the US Senate, there is a potential catalyst on the horizon, but until it passes, XRP is likely to remain stuck in its current range. The open question is whether the passage of the CLARITY Act will be enough to break the $1.18 to $1.20 resistance level and send XRP's price higher.

## Sources
1. 24/7 Wall St. — [Why Is XRP (Ripple) Underperforming the Crypto Market?](https://247wallst.com/investing/cryptocurrency/2026/07/20/why-is-xrp-ripple-underperforming-the-crypto-market/)
2. AOL — [Is XRP Finally a Buy?](https://www.aol.com/articles/xrp-finally-buy-092400000.html)

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Cite as: TrendWatcher, "XRP Price Stalls at $1.08", https://www.trendwatcher.in/article/7bb1f01f-d759-4e30-a6f8-985db33d42e3