XRP Faces 60% Decline Amid Investor Panic and Market Uncertainty

XRP has seen significant losses, with panic selling driving long-term holders to exit at unprecedented rates, resulting in a 60% drop from its peak. According to NS3.AI, despite positive developments such as regulatory clarity, ETF approvals, and adoption by major firms, XRP's price remains weak at approximately $1.41, raising uncertainty about its future. Analysts suggest the current selloff might represent a capitulation phase, yet investor sentiment remains cautious amid ongoing market underperformance.