DonAlt, a prominent analyst celebrated for bold forecasts in the cryptocurrency world, has officially ended his renowned XRP analysis that once delivered a remarkable 700 percent gain by the end of 2024. According to DonAlt, what he defined as the “crime cycle”—a period marked by unusual price surges in XRP—has now fully concluded. The trader had previously projected that XRP could reach a new all-time high at $6.9.
The “crime cycle” narrative is over
DonAlt traced the abnormal spike in XRP during 2024 and 2025 to a set of complex economic and political factors that included lobbying activities and the influence of insider trading, a phenomenon he dubbed the “crime cycle.” He now asserts that this phase is completely over and XRP’s former speculative uniqueness has been lost.
By DonAlt’s assessment, XRP is now an ordinary asset that moves in line with the broader market. He warns that chasing the kind of rapid returns previously seen in XRP now carries greater risk than before.
Stalled price action and shifting sentiment
As of May 12, 2026, XRP remains flat, trading steadily around $1.46. Although parts of its community maintain hope for new record highs, DonAlt—whose calls defined the previous XRP rally—now prefers to stay on the sidelines.
DonAlt believes the era of rapid price appreciation in XRP has passed and, given current market conditions, he sees no foundation for expecting a new rally toward $6.9.
Recent data indicates XRP continues to hover at the $1.46 mark. Investors who made significant gains during the earlier bull run now lack clear signals that another major price surge is on the way.
Investment flows and regulatory environment
Over the past six weeks, U.S.-based ETFs holding XRP have attracted around $141 million in new inflows. However, these investments have accumulated at a steady, unhurried pace rather than in dramatic, high-volume bursts.
Attention now turns to the U.S. Senate, where the forthcoming CLARITY Act session on May 14 could play a pivotal role. The outcomes of these political deliberations are expected to determine whether XRP will earn the status of a “safe haven” among institutional investors.
Experts point to a changing narrative: instead of speculative cycles that defined its past, XRP’s fortunes are now expected to hinge on regulatory clarity and institutional acceptance going forward.
