CoinCodex forecasts XRP price at $1.68 in June and $2.21 in October.
Bitcoin rose 8.3% in the last month despite the war with Iran.
This article was written by CoinCodex.
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XRP has been through a tough period so far in 2026, falling nearly 25% since the start of the year. The price of XRP dipped as low as $1.16 in early February, but has since recovered and briefly reached $1.60 in mid-March before returning to the $1.40 level.
While the S&P 500 has fallen 4.9% over the past month, major crypto assets have posted surprisingly solid gains. Bitcoin is up 8.3%, and Ethereum has gained 14.4% in the last 30 days.
What happens to XRP in 2026?
The real standout in the crypto market has been hyperliquid (+48%), which has established itself as an important platform for price discovery during the weekends, when traditional markets are closed. The platform’s 24/7 markets have proven to be very useful for traders speculating on oil prices, which have become highly volatile due to the war.
Meanwhile, XRP has remained indecisiveas the currency has only recorded a modest 1.8% increase in the same period.
Since the conflict began on February 28, XRP has traded in a range between $1.32 and $1.60, spending most of its time between $1.35 and $1.45. The price action has been quite choppy, with no clear trend.
Cryptocurrencies are considered a risk asset class, so conventional wisdom would suggest a crypto market crash in response to the war. Although the positive performance is unexpected, we must keep in mind that the market continues to react to headlines related to the conflict.
For example, when US President Donald Trump made comments on Monday suggesting a de-escalation of the conflict, the price of bitcoin rose from $68,500 to $71,500 in a matter of a few hours.
In the short term, We can expect major crypto assets like bitcoin, ether and XRP to be sensitive to headlines related to the war with Iran. Given the unpredictable nature of the conflict, the crypto market will likely be exceptionally difficult to navigate. This is especially true for XRP, which is not showing a clear trend in either direction.
XRP Prediction Anticipates Return Above $2 Later in the Year
For an alternative perspective, let’s look at the algorithmic XRP prediction from CoinCodex, which forecasts positive price action for XRP in the coming months. The platform expects XRP to reach a high of $1.68 in Junewhich would be a 19% increase compared to the current price of XRP.
Even more intense bullish action in the XRP market is anticipated ahead as CoinCodex algorithmic prediction expects XRP to reach a local high of 2.21 in October. This would represent a 56% increase from the current price of XRP.
Although this forecast is certainly positive, it does not expect XRP to approach its all-time high of $3.92 within the next year.
Latest news on XRP and Ripple
Now, let’s look at the recent fundamental developments related to XRP and Ripple to identify potential bullish catalysts for XRP if positive sentiment returns to the crypto market.
Ripple tests stablecoin trade finance in Singapore sandbox
Ripple is testing a new approach to cross-border trade financing using its RLUSD stablecoin, aiming to replace slow and manual processes that have long defined the industry.
In collaboration with supply chain technology company Unloq, the company participates in the BLOOM initiative supported by the central bank of Singapore. The pilot uses Unloq’s platform to automate payments, instantly releasing funds when predefined conditions (such as shipping verification) are met, with RLUSD on the XRP Ledger handling the settlement.
This initiative highlights Ripple’s growing focus on institutional-grade infrastructure rather than retail use cases. By securing a spot in a Monetary Authority of Singapore sandbox, Ripple gains regulatory validation for its stablecoin stack.
Evernorth bets on XRP treasury model despite market slowdown
Evernorth Holdings is moving ahead with plans to go public through a SPAC merger, even as crypto treasury companies face declining valuations and declining investor interest.
CEO Asheesh Birla maintains that the current regulatory clarity and institutional readiness make this the ideal time to launch. The company holds a substantial reserve of XRP, although currently at unrealized losses due to recent price drops.
Instead of simply offering exposure to XRP, Evernorth positions itself as a comprehensive solution that manages custody, compliance and security for institutional investors. The firm also plans to generate returns from its holdings to expand its reserves.
Despite the overall stagnation of treasuries, strong inflows into XRP ETFs indicate continued demand, with Birla emphasizing that scale and active participation in the ecosystem will determine which treasury companies will survive.
Ripple expands regulatory presence with license in Australia
Ripple is strengthening its presence in the Asia-Pacific region by seeking an Australian Financial Services License (AFSL) through the acquisition of a local entity. The license would allow Ripple to offer fully regulated cross-border payment services end-to-end in Australia, covering from onboarding and compliance to liquidity management and final settlement.
This move aligns with Ripple’s broader strategy of prioritizing regulatory compliance as a foundation for growth. With over 75 licenses globally and rapidly growing transaction volumes in APAC, Ripple is positioning itself as a trusted infrastructure provider for financial institutions that are adopting blockchain-based systems.
Ripple deepens its expansion in Brazil with a complete institutional offer
Ripple is significantly expanding its operations in Brazil, aiming to offer a full suite of services for financial institutions, including payments, custody, treasury management and brokerage. The company also plans to apply for a Virtual Asset Service Provider license, reinforcing its compliance-focused approach in one of the most advanced financial markets in Latin America.
Adoption is already accelerating, with large banks and fintechs leveraging Ripple’s infrastructure for cross-border payments and stablecoin integration. RLUSD, Ripple’s USD-backed stablecoin, is gaining traction in the region, backed by strong regulatory oversight and growing institutional demand.