XRP Blackrock rumors are flooding social media while the token hovers around $1.28 on Monday, roughly 64% below its record high, with the unverified deal claims landing days before Ripple's Swell conference opens this week in New York, according to Bitcoin.com News.

The gap between rumor and confirmed news matters because Swell, Ripple's flagship event, is expected to draw more than 100 speakers and has a history of partnership announcements, leaving traders to sort verifiable developments from speculation as the conference approaches.

XRP Price 64% Below Peak

The token changed hands near $1.28 on Monday, about 64.6% under its all-time high of $3.65 set in July 2025, Bitcoin.com News reported. Over the past month the price has shed roughly 17%, extending a decline of about 51% across the last year.

One analyst pointed out that, despite the drawdown, XRP remains 2.6 times above where the 2024 breakout began, according to Bitcoin.com News. That longer view frames the current slump as a deep retracement within a larger advance rather than a full reversal of the move that started two years ago.

The weakness extends beyond XRP. Bitcoin has been stuck around $80,000 after sliding to $79,000 over the weekend, and large-cap altcoins have followed it lower, Bitcoin.com News reported, indicating the pressure is market-wide rather than specific to Ripple's token.

Unverified Blackrock Claims Meet Pushback

Weekend posts on social media asserted that Blackrock had agreed to a $6.5 trillion XRP tokenization arrangement, with some going further to claim $650 trillion in real estate would soon shift onto the XRP Ledger, according to Bitcoin.com News.

XRP backers pushed back, noting there was no such announcement or filing. No Blackrock XRP deal or filing has been confirmed as Swell approaches, Bitcoin.com News reported, leaving the most dramatic claims circulating without documentation.

The confirmed Ripple news was smaller in scale. The company recently partnered with Arf to deliver RLUSD lending on the XRP Ledger. Separately, Evernorth, which trades on Nasdaq, filed to register 5.2 million shares while planning to buy more XRP, according to Bitcoin.com News.

Flows, ETFs and Wallets Show Quiet Demand

Exchange flow data shared on Sunday showed net outflows of about $42.49 million from Upbit, $25.22 million from Binance and $14.13 million from Coinbase, a combined $81.8 million, according to Bitcoin.com News. Tokens leaving exchanges are often read as a sign holders are moving assets into storage rather than preparing to sell.

Institutional demand flickered back as well. Spot XRP ETFs attracted $4.26 million last week, returning to net inflows after posting their first weekly outflow in 13 weeks, Bitcoin.com News reported. Network usage has held up too, with XRP wallets reaching a record 8.24 million earlier this month.

One pundit noted that XRP's monthly relative strength index, a momentum gauge where low readings suggest an asset is oversold, is nearing historically oversold levels that have coincided with major cycle turning points over the past 13 years. The same pundit laid out long-range targets of $3.50, $7 and $14, according to Bitcoin.com News.

Levels Watched Before Ripple Swell

Analysts have flagged $1.05 to $1.15 as the support zone if selling continues, while $1.40 is the first level bulls need to reclaim to call a bottom, Bitcoin.com News reported. Standard Chartered's revised year-end target stands at $2.80, still more than 115% away from current prices.

Swell kicks off this week in New York, an event built to link banks and other financial institutions with the developers and researchers working on the XRP Ledger. XRP branding already covers the 42nd Street subway station, and many expect the gathering to produce partnership announcements, according to Bitcoin.com News.

Should the conference yield confirmed bank or tokenization agreements, the recent exchange outflow figures indicate certain holders may already be well placed for such an outcome, Bitcoin.com News reported. That setup leaves Swell as the clearest near-term catalyst for a market that has spent months trending lower.

What Swell Could Settle

The conference will test whether Ripple can convert speculation into confirmed partnerships. With XRP sitting 64% below its peak, the event arrives as exchange outflows, renewed spot XRP ETF inflows and record wallet counts point to steady underlying interest, according to Bitcoin.com News.

For now, no Blackrock XRP deal or filing has been confirmed, and the verifiable announcements remain the Arf lending partnership and Evernorth's share registration ahead of planned XRP purchases, Bitcoin.com News reported. Whether Swell adds to that list will determine if the recent positioning was warranted.

Conclusion

XRP trades near $1.28, about 64% under its July 2025 record of $3.65, as unverified Blackrock tokenization claims circulate without any confirmed announcement or filing, according to Bitcoin.com News. The next concrete step is Ripple's Swell conference, which opens this week in New York with more than 100 speakers expected and widespread anticipation of partnership announcements.

Frequently Asked Questions

How far below its all-time high is XRP trading?

XRP changed hands near $1.28 on Monday, roughly 64.6% below its all-time high of $3.65 reached in July 2025, according to Bitcoin.com News. The token has shed about 17% over the past month and roughly 51% across the past year.

Is the rumored $6.5 trillion Blackrock XRP tokenization deal confirmed?

No. Weekend social media posts asserted Blackrock had agreed to a $6.5 trillion XRP tokenization arrangement and that $650 trillion in real estate would move onto the XRP Ledger, but no such announcement or filing exists, and XRP backers pushed back on the claims, Bitcoin.com News reported.

When and where does Ripple's Swell conference take place?

Ripple's Swell conference kicks off this week in New York, an event designed to bring financial institutions together with XRP Ledger developers and researchers. More than 100 speakers are expected, and XRP branding already covers the 42nd Street subway station, according to Bitcoin.com News.

What did spot XRP ETF flows show last week?

Spot XRP ETFs attracted $4.26 million last week, returning to net inflows after posting their first weekly outflow in 13 weeks, according to Bitcoin.com News. Separately, XRP wallets reached a record 8.24 million earlier this month.

What XRP price levels are analysts watching this week?

Analysts flagged $1.05 to $1.15 as the support zone if selling continues and $1.40 as the first level bulls must reclaim to call a bottom, Bitcoin.com News reported. Standard Chartered's revised year-end target is $2.80, more than 115% above current prices.