XRP Rebounds Above $1.11, Outperforms Ethereum in Recovery Momentum

XRP's price has rebounded above $1.11 after a sharp post-announcement dip, outperforming Ethereum (ETH) in terms of recovery momentum.

The token had briefly fallen by 13% to 15% following the launch of OpenUSD, a newly announced stablecoin linked to the XRP ecosystem, before buyers stepped in around $1.00 and pushed prices back above that psychological threshold.

Several analysts described XRP's bounce from its recent lows as notably resilient compared with ETH, citing the speed of the recovery and persistence of spot demand near $1.00.

The drawdown profile of XRP versus Bitcoin (BTC) is also being highlighted, with XRP down about 72% from its cycle high, roughly in line with BTC's peak-to-trough decline, fueling a 'relative undervaluation/laggard catch-up' narrative among some traders.

However, the price action immediately after the OpenUSD news underscores how quickly crypto markets can reprice expectations, with XRP's abrupt selloff suggesting initial skepticism or uncertainty about rollout details. The subsequent defense of $1.00 is therefore being framed as a test of market conviction.