XRP, one of the important assets of the cryptocurrency market, experienced one of the sharpest declines in recent years in Friday’s transactions. The price fell by over 40 percent during the day, reaching $1.25, then rose above $2.36 with a partial recovery. Transaction volume rose 164 percent above the 30-day average, indicating that there was a major liquidation wave in the markets.
Regulatory Uncertainty and Market Pressure
According to the data, XRP dropped from $ 2.82 to $ 2.36 in a very short time, losing 16 percent of its value daily. While the rate of intraday volatility reached 43 percent, it was determined that 320 million XRPs were transferred to the stock exchanges in the last week. This confirms that large investors (whales) are creating selling pressure.
Ripple 
$2.49 Structural stress in the ecosystem, combined with global trade tensions and uncertainties in US digital bank licenses, has increased the risk premium on XRP. The completion of the legal process regarding Ripple’s “National Trust Charter” application on October 7 also drew the attention of investors to the regulation side. This situation weakened the interest in corporate products in particular.
A similar development took place on the Solana (SOL) front in recent weeks. Bitcoin 
$111,822.89 When the price reached the level of 125,000 dollars, many investors turned to profit sales and chain declines were observed in the altcoin markets.
Technical analysis data shows that XRP found support above $2.40; However, it shows that if the volume decreases, the price may drop to $2.22. While the $2.84–2.90 levels stand out as the resistance point, the $3.05 level is considered as the threshold at which the rise will gain momentum again.
What Do Experts Say?
According to expert analysts, maintaining the $2.30 level is critical for XRP. On-chain data shows that long-term investors are buying below $2.40, which could signal a market bottom. Still, the $150 million open position contraction in derivative markets reveals that investors are being cautious.
In this process, investors’ eyes are focused on the license clarification that Ripple expects from regulatory authorities. If regulatory uncertainty decreases, XRP is expected to attract institutional demand again and break the downtrend by rising above $2.90.
This sharp decline in XRP showed once again that risk appetite in crypto markets is still fragile. When macroeconomic uncertainties, high volatility and regulatory concerns combine, investors seem to be looking for a safe haven. However, the buying movements of long-term investors indicate that a balance may occur in the market in the medium term.
