XRP Price Ends Q1 With Biggest Loss Since 2018

XRP has closed the first quarter of 2026 with the biggest quarterly loss suffered in the past eight years, sparking discussions across the crypto community.

This poor performance is driven by the prolonged market volatility seen over the past months, which has persisted since late 2025 up to press time.

XRP dips 27% in Q1, 2026

According to data provided by CryptoRank on Wednesday, April 1, 2026, XRP has closed the first quarter of the year with the biggest quarterly decline in eight years.

The decline is not entirely a surprise as it follows a difficult start to 2026, in which XRP saw multiple price corrections and weak price moves despite a slight recent recovery.

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According to the data, XRP dropped by 27.1% during the first quarter of 2026. Notably, this marks its worst first-quarter performance since 2018, when it plunged 77.7% in that year’s Q1.

By the end of Q1, 2026, XRP closed at $1.33 following poor quarterly performance. This is significantly lower than the quarterly closing price seen in Q1, 2025, when XRP closed at $2.08.

What’s ahead for XRP?

While the quarterly decline followed a series of steady monthly losses earlier in the year alongside poor institutional participation — evident in the consistent XRP ETF outflows — market participants are worried about whether the trend is over or whether it will extend to the next quarter.

Since the start of 2026, XRP fell 10.6% in January, followed by a sharper 16.2% decline in February before showing another mild drop of 2.79% in March. 

Despite a weak start to 2026, XRP has shown a modest rebound in the short term, starting off the new quarter with a mild price gain.

As of the time of writing, XRP is trading around $1.34, an increase of 3.08% in the past 24 hours, after touching an intraday high near $1.36. This has sparked optimism about a potentially positive Q2.