XRP fell below $1.25 on Tuesday, extending losses to a third consecutive session and marking its lowest level since February 6. The decline came as crypto markets stayed under selling pressure amid Middle East geopolitical uncertainty, even as XRP products reported inflows that week.

Zcash validators coordinated an emergency protocol upgrade after developers identified a vulnerability in the Orchard shielded pool. The protocol-level change took effect at about 10:30 p.m. Eastern time on June 1, and Orchard transactions were temporarily halted while the fix is deployed. The team said no funds were lost and user privacy was not compromised, with the wider network continuing to operate.

The Cardano Foundation announced a partnership with the Brazilian Olympic Committee (COB) on June 2, 2026, outlining a three-year plan centered on identity and certification, fan engagement, equipment tracking, and governance and transparency. The collaboration is intended to apply AI, blockchain, and IoT to sports administration, boost institutional transparency, and expand engagement with athletes, coaches, and fans. The foundation said the process began with a first executive workshop last week, with institutional pilots expected next.

Cardano's ADA showed mixed signals as CME Group's 24/7 crypto futures and options schedule is set to begin on May 29, while on-chain activity strengthened. Active addresses rose 14% to 17,500 and the 10M–100M ADA cohort increased its supply share from 36.48% to 37.23% over three weeks. Analysts outlined key levels near $0.28 resistance and $0.2 support as the token trades in a hesitant range.

Solana recorded $91 million in application revenue in May, topping all tracked blockchains and exceeding Ethereum's $52 million. SOL was trading near $81 after eight consecutive monthly declines, even as Solana's fee-derived app revenue continued to lead other networks.

Ripple unlocked 1 billion XRP from escrow on June 1 as part of its long-running monthly release schedule. U.S. spot XRP ETFs brought in $118.29 million in net inflows in May, their strongest month of 2026, while XRP traded near $1.27, about 4% lower over 24 hours.

Ripple said it expanded its USD-backed stablecoin RLUSD into Türkiye on June 2, 2026, listing it through local partners BiLira, Bitexen, and Bitlo. The company is targeting a market it says sees nearly $200 billion in annual crypto transaction volume and is currently led by USDT and USDC. Ripple also cited RLUSD’s $1.7bn+ market cap as part of its broader global rollout.

XRP slipped to $1.27 as on-chain metrics showed a sharp jump in exchange flows, with 22.80 million tokens recorded as the biggest daily net inflow of 2026. The move was followed by a net withdrawal of 25.24 million XRP, shifting the balance negative and suggesting reduced sell-side pressure. Price action remained range-bound, with $1.13–$1.21 noted as support and $1.4–$1.50 as a resistance area.