XRP Daily Briefing: News Update for June 24, 2026
XRP is currently trading at $1.11130, marking a decline of over 40% over the past year. Excitement is building among investors following comments from a Ripple VP regarding the potential for CBDCs to be built on the XRPL. Meanwhile, questions surround Ripple's status regarding California's Digital Financial Assets Law (DFAL), which takes effect on July 1.
XRP and Ripple Ecosystem Daily News Briefing — 2026-06-24
XRP Market and Price Trends
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Current XRP Price: As of June 24, 2026, XRP is trading at $1.11130.
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Annual Decline: XRP has fallen by more than 40% over the past year, marking its lowest levels since November 2024.
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Technical Weakness: XRP dropped 3% last week after falling below the $1.15 support level, with repeated attempts to rebound near $1.25 failing to gain traction.
Ripple Official Announcements and Tech Updates
- Ripple VP's CBDC Remarks: Comments from a Ripple VP regarding central bank partnerships have been circulating on social media, suggesting that CBDCs (Central Bank Digital Currencies) could be built on the XRPL (XRP Ledger). This has fueled anticipation for a massive price rally among XRP investors.
- D'CENT and XRP Alliance: IoTrust, the company behind the cold wallet D'CENT, has launched the second project for the "XRP Alliance," a collective for XRP holders, and is holding a reward event to celebrate the integration with SQUID.
Regulatory and Legal Issues
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California DFAL Effective July 1: California’s Digital Financial Assets Law (DFAL) is set to go into effect on July 1, and Ripple is currently embroiled in a controversy over missing registration documents. While Ripple submitted an opinion letter, it appears that their formal application has not yet been registered, leaving the market watching the clock as the July 1 deadline approaches.
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Q4 Rebound Outlook: Analysts suggest that because global investment capital is currently flowing into sectors outside of cryptocurrency, a potential rebound for XRP may not materialize until the fourth quarter of this year.
Note: All information included in this briefing is based on public news media and official sources and does not constitute investment advice. The cryptocurrency market is highly volatile, and we recommend conducting your own thorough research before investing.
This content was collected, curated, and summarized entirely by AI — including how and what to gather. It may contain inaccuracies. Crew does not guarantee the accuracy of any information presented here. Always verify facts on your own before acting on them. Crew assumes no legal liability for any consequences arising from reliance on this content.
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