XRP and Ripple Daily News Briefing — June 29, 2026
Amid a broader crypto market slump, XRP is hovering near $1. While Ripple pushes for European expansion with new Luxembourg regulatory approval, experts remain divided, with forecasts ranging from a rally to $3.50–$5.00 by year-end to potential drops below the $1 mark.
XRP and Ripple Daily News Briefing — June 29, 2026
XRP Market and Price Trends
1. Struggling near $1 amid market-wide downturn XRP is under pressure as the wider cryptocurrency market faces heavy selling, pushing the price down to $1.04. Since mid-July 2025, the asset has seen a 70% decline, leaving it currently battling to maintain the $1 support level.
2. Divergent expert predictions AI-powered forecasts from ChatGPT suggest XRP could climb to the $3.50–$5.00 range by the end of 2026. Conversely, other analysts warn of a possible dip below $1, projecting a trading range of $1.81–$3.93 by 2030.
3. Whale accumulation and historical patterns Whale (large holder) accumulation has been detected alongside growing confidence in Europe's MiCA regulations. Historical data is also drawing attention, as XRP has recorded price gains every July for the past six years.
Ripple Official Announcements and Tech Updates
Ripple gains Luxembourg approval — A signal for European expansion Ripple has received preliminary approval from Luxembourg, giving the green light for the expansion of XRP and RLUSD in the European market. This move is part of Ripple's strategy to bolster institutional partnerships, with expectations that cooperation with firms like JPMorgan and SBI will accelerate the adoption of cross-border payment solutions.
Long-term business expansion continues Despite short-term price adjustments and increased sell-off pressure, Ripple continues to push its long-term growth strategy, including business expansion, regulatory approvals, and tech upgrades. The market is also keeping a close eye on RLUSD value flows and the potential for an IPO.
Regulatory and Legal Issues
SEC lawsuit fully resolved, removing regulatory risks With the SEC lawsuit reaching a final conclusion in August 2025, the primary regulatory risk surrounding XRP has effectively vanished. While a U.S. federal court confirmed that XRP sales on exchanges do not constitute securities, Ripple Labs remains permanently barred from direct institutional sales within the U.S.
Regulatory clarity drives institutional adoption Following the final appellate ruling, the legal status of XRP is now clear. Major U.S. financial institutions, previously hesitant due to litigation risks, are expected to take a more proactive approach to adopting Ripple’s payment network.
Editor's Note: This briefing is based on the latest news as of June 28, 2026. XRP price predictions vary significantly depending on the analytical methods used, so please exercise caution and conduct your own research before making investment decisions.
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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