XRP's market capitalization has plunged by $98 billion since reaching its peak in July 2025. On July 22, XRP was valued at $3.56, boasting a market cap of $210.4 billion. However, by December 26, the price had fallen to $1.86, reducing its market cap to $112.8 billion. Despite a brief surge above $3 in July, XRP could not maintain its momentum, experiencing declines in subsequent months. A late November spike in trading volume failed to reverse the overall downward trend in the cryptocurrency market.