According to 247wallst, XRP fell approximately 29% in 2026 as of October 23, with the token trading near $1.29 by October 24, extending its year-to-date decline from an opening price of roughly $1.84. The decline comes despite Ripple expanding its institutional presence alongside BlackRock, JPMorgan, Goldman Sachs and other major firms in a securities-tokenization initiative led by the Depository Trust & Clearing Corporation (DTCC). Ripple Prime joined more than 50 companies participating in the DTCC's blockchain tokenization working group; however, Ripple's participation does not guarantee XRP or the XRP Ledger will be selected for settlement infrastructure.

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