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XRP price drops below $1 despite record adoption on its network, challenging bullish outlooks.

Market News
14 Aug 2026
BeInCrypto
View Source
Bearish
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XRP's price fell below $1 for the first time in over 600 days, despite record adoption metrics on the XRP Ledger. This break below a key psychological support level raises concerns about the token's short-term strength, especially as major institutional deals in 2026 settled in Ripple's stablecoin RLUSD rather than XRP itself. Analysts remain divided, with some citing strong institutional adoption and network growth as bullish factors, while others point to weak price flows and historical volatility as bearish signals. The next support levels are identified between $0.70 and $0.90, and reclaiming above $1.03 is seen as necessary for a positive shift in momentum.

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