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XRP price falls to $1, its lowest since Nov 2024, amid rising selling pressure despite increased user activity.

Market News
14 Aug 2026
Blockonomi
View Source
Bearish
XRP price falls to $1, its lowest since Nov 2024, amid rising selling pressure despite increased user activity.

XRP closed at $1.00 on August 12, marking its lowest daily close since November 2024 and a 69% drop from its January 2025 peak near $3.30. Despite the price decline, active addresses increased by about 35% in August, indicating more transactions by existing holders, while new user growth remained flat. Selling pressure intensified as the Exchange Supply Ratio hit a six-week high, suggesting more tokens are moving to exchanges. XRP’s price may stay near $1 until buying interest returns, even as institutional use of XRP continues to grow.

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