# XRP near $1 as price slides 52‑week low, Standard Chartered still

**Published:** 2026-07-05T19:46:21.058Z  
**Topic:** Ripple Xrp  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/f7ad9b0a-555c-486a-8312-19cfdb2cef4d

XRP trades around $1, its weakest since Nov 2024, while Standard Chartered projects $28 by 2030. See why ETFs, RLUSD stablecoin and supply releases matter.

XRP slipped to roughly $1 on June 27 2026, a 52‑week low and more than 50 % below its price a year ago, putting the token on the brink of breaking the $1 barrier that many view as a floor for institutional re‑rating【1】. The move comes despite a surge in XRP‑linked ETFs and a thriving XRP Ledger, raising questions about whether the $28 target from Standard Chartered is realistic.

| At a glance | |
|---|---|
| Price | ~$1 |
| 52‑week low | $1 (weakest since Nov 2024) |
| Recent catalyst | $1.47 bn in ETF inflows, RLUSD growth |
| Supply pressure | ~1 bn XRP released monthly from escrow |

## Price pressure vs. network growth  
XRP’s price is down more than half from its 2025 peak of $3.65, a 72 % decline that has unfolded month after month【1】. The broader crypto market is also weak, with Bitcoin hovering near $60 k, but XRP’s slide is pronounced because the token’s own network activity is improving. Liquidity in XRP Ledger pools has more than tripled this year, and tokenization business has attracted $1.9 bn in three months—outpacing Ethereum in the same period【1】. Yet most of that volume is flowing through Ripple’s own stablecoin, RLUSD, which now holds about $800 m on the ledger and is paired with XRP in the second‑largest pool【1】. Roughly 82 % of RLUSD is concentrated in ten addresses, indicating institutional rather than retail use【1】.

## Institutional demand and supply dynamics  
ETF products linked to XRP have amassed roughly $1.47 bn since launch, with inflows persisting for seven straight weeks despite the price drop【1】. If these inflows reach the $4 bn level Standard Chartered assumes, they could provide a price lift. However, the CLARITY Act—proposed legislation that would permanently classify XRP as a commodity—has yet to pass, and its timing is uncertain【1】. On the supply side, Ripple continues to release about 1 bn XRP each month from escrow, keeping the circulating supply at roughly 62 bn of a 100 bn total, which exerts downward pressure on price【1】.

## Forecast spread and the RLUSD factor  
Standard Chartered’s $28 forecast for 2030 represents a 27‑fold rise from current levels, implying a market cap near $1.7 trillion—comparable only to Bitcoin’s peak valuation【1】. Bitwise’s valuation model, by contrast, spans $29.32 to $0.13 for 2030, reflecting divergent assumptions about XRP’s share of Ripple’s payment volume【1】. The dominant RLUSD pool, which captures most new money on the ledger, is a key drag on XRP’s price because banks prefer the stablecoin’s price stability over holding XRP directly【1】. The article’s own projection places XRP between $8 and $12 by 2030, well short of the $28 mark but above the lower end of the Bitwise range【1】.

## What to watch
- **ETF inflows:** Continued $1 bn+ net inflows could signal growing institutional appetite.  
- **CLARITY Act progress:** Passage would cement XRP’s commodity status and may unlock larger institutional flows.  
- **Monthly escrow releases:** The steady ~1 bn XRP per month adds supply pressure; any change in the release schedule would affect price dynamics.

XRP’s price is now decoupled from its network’s expanding usage, with RLUSD absorbing much of the payment volume that could otherwise boost the token. Whether the token can capture enough of that flow—and whether regulatory and ETF developments align—will determine if the $28 vision remains a distant dream or a plausible long‑term target.

## Sources
1. 24/7 Wall St. — [Standard Chartered Says XRP Hits $28 by 2030 but Ripple’s Own Stablecoin May Have Other Plans](https://247wallst.com/investing/cryptocurrency/2026/06/27/standard-chartered-says-xrp-hits-28-by-2030-but-ripples-own-stablecoin-may-have-other-plans/)
2. AOL — [We Asked ChatGPT to Predict XRP’s 2027 Price With No Constraints](https://www.aol.com/articles/asked-chatgpt-predict-xrp-2027-131145000.html)

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Cite as: TrendWatcher, "XRP near $1 as price slides 52‑week low, Standard Chartered still", https://www.trendwatcher.in/article/f7ad9b0a-555c-486a-8312-19cfdb2cef4d