# XRP Price Drops to Post-Election Level

> XRP returns to $1.40 after 2024 election, but rally fades as ETFs and SEC case settle.
- Title: XRP Price Drops to Post-Election Level · 24/7 Wall St.
- Summary: XRP returns to $1.40 after 2024 election, but rally fades as ETFs and SEC case settle. XRP has dropped back to $1.40, the price it held two weeks after the…
- Keywords: xrp, sec, etf, 2024 election, crypto, price drop, rally, Price, Drops, Post-Election, Level, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/cryptocurrency/2026/10/09/xrp-is-back-to-where-it-traded-two-weeks-after-the-2024-election-has-the-entire-rally-disappeared
- Author: Sam Daodu
- Published: 2026-10-09T18:40:34+00:00
- Read time: 1 min
- Topics: xrp, sec, etf, 2024 election, crypto, price drop, rally
## XRP price drops to $1.40
XRP has dropped back down to $1.40, the price it reached in late November 2024, roughly two weeks after the 2024 U.S. election.
## Post-election rally vanishes
XRP’s price surge from $0.50 has vanished, now trading at $1.40 down 8% over the past week and 62% from its record high of $3.65 in July 2025.
## Two post-election catalysts
The SEC lawsuit against Ripple ended in August 2025, and the first U.S. spot XRP ETF launched in November 2025.
## ETF inflows stall
Inflows into spot XRP funds stalled around $1.71 billion for several weeks in September as most buyers had already purchased.
## Market uncertainty grows
Congress’s crypto market bill failed a Senate vote on September 15, leaving regulatory clarity for XRP unclear.
## Price at $1.40: Bargain or fair?
XRP is a bargain if it reached $1.40 with no SEC case or ETFs, but fairly priced if it has already benefited from those changes.
## What happens next?
A weekly close above $1.84 could signal renewed buying, while below $1.40 with ETF inflows suggests catalysts are fully priced in.
## Key takeaway

XRP has dropped back to $1.40, the price it held two weeks after the 2024 U.S. election, after regulatory battles and ETF launches that once fueled its surge.