XRP started May with positive momentum, but recent volatility in the crypto market has caused its monthly gains to disappear, resulting in a negative return.
It’s unclear exactly how much XRP will be worth by the end of the month, and ongoing price swings are causing traders to become less optimistic about a positive finish.
XRP flips negative for May
XRP is showing signs of resuming its months-long pattern of losses, according to Cryptorank data. It has given up the gains it made earlier in May, after briefly breaking that losing streak in April.
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Looking at the data through Friday, May 29th, I’m seeing a 4.85% loss for XRP over the course of May. While the trend is still downwards, I don’t anticipate a significant recovery before the month ends.
Currently, XRP is priced at $1.30, up slightly by 0.87% over the past day. This is a bit lower than its price at the beginning of the month, which was approximately $1.40.
XRP institutional investors hold strong
Over the last two weeks, the cryptocurrency market has been trending downwards, with major coins like Bitcoin, Ethereum, and XRP all experiencing price drops.
Even with the significant uncertainty in the market, XRP ETFs continued to attract investment from institutions, while other crypto ETFs experienced increased outflows.
Over the last two weeks, XRP ETFs have consistently seen money coming in, without any significant withdrawals. In contrast, Bitcoin and Ethereum ETFs have generally experienced outflows, with money leaving the funds on most days.
Despite continued involvement from larger financial institutions, investors are optimistic that XRP’s price could go up in the next month.
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2026-05-29 17:30