XRP Price Drops to Post-Election Level

XRP returns to $1.40 after 2024 election, but rally fades as ETFs and SEC case settle.

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Oct 9, 2026

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XRP Price Drops to Post-Election Level

XRP returns to $1.40 after 2024 election, but rally fades as ETFs and SEC case settle.

In brief

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 2024 U.S. election, after regulatory battles and ETF launches that once fueled its surge. Originally reported by 24/7 Wall St..

Quick answers

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.
What is the key takeaway from XRP Price Drops to Post-Election Level?
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.

XRP price drops to $1.40

A close-up shot of a silver XRP cryptocurrency coin resting on a stack of gold-colored coins. The background is dark and features blurred green and red lines, r

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

Ripple XRP on cryptocurrency coin with falling crashing graph in background. The cryptocurrency coin is golden and in focus. This is a price concept of Ripple d

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

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.

In short

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.

Read the original on 24/7 Wall St.

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