The altcoin market has been one of many main losers on this bear market, with large-cap cryptocurrencies like XRP, BNB, and Solana taking a big share of the losses. In reality, TradingView information exhibits that the TOTAL3 index (representing the crypto market capitalization, excluding BTC, ETH, and stablecoins) has fallen by greater than $544 billion throughout this bear market correction.
As highlighted by a preferred pseudonymous analyst, this dynamic appears to be altering, with capital repositioning since early February (and the TOTAL3 market cap surging by about $125 billion in that interval). In accordance with the crypto pundit, XRP is without doubt one of the altcoins to keep watch over throughout the ongoing market shift.
Is A Return To $3.12 Potential For XRP In 2026?
In a Quicktake submit on the CryptoQuant platform, crypto analyst Darkfost defined that, regardless of the enhancing dynamics, a number of traders are nonetheless betting in opposition to the altcoin market in the meanwhile. This development is obvious within the XRP Funding Charges metric, which is at the moment experiencing its longest and most unfavorable run in years.
The Funding Charges metric measures the periodic payment exchanged between merchants within the derivatives marketplace for a specific cryptocurrency (XRP, on this case). A unfavorable funding charge means that quick merchants are dominating the market and betting in opposition to the asset’s value, capturing an general bearish sentiment.
Darkfost wrote within the Quicktake submit:
Right here, funding charges are aggregated over a 30 day interval in an effort to higher seize the prevailing sentiment amongst derivatives merchants.
Darkfost revealed that the XRP Funding Charges on Binance, the world’s largest cryptocurrency alternate by buying and selling quantity, have remained unfavorable for the previous three months. This has been the case regardless of the altcoin’s value rising by greater than 27% over the identical interval.
Supply: CryptoQuant
In accordance with the on-chain analyst, a powerful setup like this, particularly after such a deep correction because the 50% drop in 2026 Q1, might be a sign {that a} potential reversal is on the horizon for XRP. Darkfost highlighted that this state of affairs has performed out prior to now (as just lately as April 2025), when the altcoin’s value fell to round $1.95, earlier than a bullish restoration that sparked a 126% rally.
If historical past had been to repeat itself, the present Funding Charges setup may see XRP’s worth greater than double over the following few months. A 126% transfer from the present value level would see the altcoin reclaim the $3.2 mark.
XRP Value At A Look
As of this writing, the worth of XRP is round $1.42, with no vital motion prior to now 24 hours. In accordance with information from TradingView, the cryptocurrency is up by greater than 2% prior to now seven days.
The worth of XRP on the day by day timeframe | Supply: XRPUSDT chart on TradingView
Featured picture from iStock, chart from TradingView
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