XRP Panic Selling? Key On-Chain Metric Flips Bearish to Levels Last Seen in 2022

Core Insights - XRP has experienced a significant decline, trading over 60% lower than its all-time high, with current prices around $1.44 as of February 10, 2026 [1][6] - On-chain indicators reveal increased panic among XRP holders, with a notable rise in exchange inflows indicating potential selling pressure [1] - The Spent Output Profit Ratio (SOPR) for XRP has fallen below 1, indicating that holders are realizing losses, which is often associated with capitulation and bearish market conditions [2][3][7] Market Sentiment - The SOPR metric, which measures the profitability of transactions, has dropped from 1.16 in July 2025 to 0.96 in early February 2026, reflecting negative aggregate holder profitability [3][4] - The realized price of XRP is currently $1.48, similar to levels seen in April 2022, suggesting a bearish market environment [4] - Analysts are divided on future price predictions, with some forecasting a range of $5–$15 by year-end, while others, including Ripple's CTO, express skepticism about reaching $50–$100 in the near term [7] Price Performance - XRP's price has continued to decline, with a recent drop of over 10% amid heavy liquidations, trading at approximately $1.44 [6][7] - Historical data indicates a sharp decline from $1.65 on January 31 to $1.29 by February 5, marking a 16% drop in a single day, coinciding with a 7% decline in Bitcoin [8]