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XRP (CRYPTO: XRP) sits down 60% below its July 2025 cycle high of $3.65, while Bitwise Chief Investment Officer Matt Hougan calls HYPE (CRYPTO: HYPE) the most mispriced asset in crypto right now.
XRP Had Every Catalyst And Still Went Nowhere
The SEC settlement came through, Ripple stacked partnerships, ETF inflows arrived, and the CLARITY Act cleared the Senate Banking Committee in a 15-9 bipartisan vote.
Goldman Sachs built a $154 million XRP ETF position and quietly dumped the entire stake by Q1 2026. Six straight months of red followed from October 2025 to March 2026, with XRP still trading around $1.37 to $1.45.
Meanwhile, institutional money chased AI stocks and semiconductor names while crypto sat in a holding pattern.
Bitwise Head of Research …
Full story available on Benzinga.com
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