XRP's profitability has decreased to 52%, with nearly half of its 60.57 billion supply currently underwater. The cryptocurrency has been trading below $2 since late December, now priced at $1.85. This mirrors conditions from November 2024, when a similar decline preceded a significant market rally. Analysts are closely monitoring the impact of the CLARITY Act and the demand for XRP ETFs, which could influence future price movements. As regulatory and market dynamics evolve, XRP remains a focal point for investors anticipating potential developments.