XRP Correction Continues, Down Over 70% from Last Year's ATH

Ripple's XRP has been in a correction phase for over a year now. It broke its all-time high in July last year, reaching new levels after seven years of stagnation. However, since then, the token has endured a severe correction, losing its $3 and $2 support levels and plummeting to $1.01 during the late June-early July crash.

Despite a small rebound to $1.07 as of press time, XRP remains over 70% below last year's all-time high, indicating continued downside pressure on price, muted adoption, and weakening market confidence in this crypto token.