XRP’s Dollar Drop and Ripple’s Pivot | Business and Finance News

XRP just dropped below $1 for the first time since 2024 — a major red flag for investors. Once seen as the backbone of Ripple’s global payment system, XRP is now facing headwinds as Ripple pivots to stablecoins like Ripple USD, reducing reliance on XRP for transactions. This shift undermines XRP’s core value proposition and amplifies its volatility, making it risky for businesses. With a history of brutal crashes — nearly 95% from its 2023 peak — XRP could be headed toward an even steeper decline, possibly hitting 18 cents. The bottom line? XRP’s real purpose was never to be a high-flying investment — it was built to move money. And now, with better alternatives emerging, its price may keep falling regardless of Ripple’s success. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/06abe52b252c1e8a