TLDR
- XRP closed at $1.000 on Aug. 12, its lowest daily close since November 2024.
- The price sits about 69% below its January 2025 peak near $3.30.
- Active addresses rose roughly 35% in August, but new-address creation stayed flat.
- CryptoQuant data shows transaction counts climbing for six straight days.
- Selling pressure has increased, with the Exchange Supply Ratio hitting a six-week high.
XRP traded near $1 on Aug. 13, marking its lowest level since November 2024. The token closed at $1.000 the day before, a level it had not touched in over a year.
That price sits about 69% below XRP’s January 2025 peak of roughly $3.30. The token had climbed even higher in July 2025, reaching close to $3.65 and pushing its market cap above $200 billion.
As of writing, XRP traded at $1.0082, down 1.5% on the day. Trading volume dropped 28% over the same period, pointing to lighter market activity.
Analytics firm Santiment posted on X that the drop is stark. The firm wrote that price closed at roughly $1.00 on Aug. 12, “the lowest daily close since Nov 2024 and roughly 69% below the January 2025 peak.”
Santiment added that ledger activity picked up anyway. Active addresses averaged about 35,700 a day in August, up from around 26,400 in July, with Aug. 11 marking the busiest day since June 5.
Active Addresses Rise, New Users Stay Flat
That increase in active addresses works out to a jump of nearly 35%. It means existing holders are transacting more often, not that more people are joining the network.
New addresses tell a different story. They averaged about 2,260 per day in August, almost matching July’s 2,270, showing no real growth in fresh participants.
CryptoQuant data shows transaction counts rising for six straight days, climbing from 1.3 million to 2.49 million. This lines up with Santiment’s activity figures, though it still reflects existing users rather than new ones.
Large-holder wallets tell another piece of the story. Wallets holding at least 1 million XRP grew by 32 over three months, even as the token’s market cap fell 29% in that same window.
Institutional Interest Grows
Corporate use of XRP continues alongside the price drop. Anodos Finance co-founder Panos Mekras said his company has held and used XRP for treasury purposes and employee payments since 2023.
Ripple CEO Brad Garlinghouse has pointed to a broader opportunity, noting that businesses handle about $16 trillion a year in payments and clearing activity. He said digital assets currently make up close to zero percent of that flow.
CME Group launched continuous crypto trading with Ripple Prime as a clearing partner. XRP futures had already crossed $1 billion in open interest within three months of listing.
On the selling side, XRP’s Exchange Supply Ratio climbed to 0.026, its highest point in six weeks. A rising ratio typically means more tokens are moving toward exchanges, a sign sellers are more active than buyers.
The Awesome Oscillator has stayed negative for two straight weeks, another sign sellers hold control of the market. Meanwhile, the Average True Range shows volatility easing, meaning price swings have gotten smaller.
That combination suggests XRP may keep hovering near the $1 level until buying pressure returns. As of this writing, XRP remains priced at $1.0082.
