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XRP falls 3% to $1, hitting a year-to-date low amid thin Binance trading volumes.

Market News
11 Aug 2026
Bitcoin
View Source
Bearish
XRP falls 3% to $1, hitting a year-to-date low amid thin Binance trading volumes.

XRP dropped over 3% to $1, reaching its lowest level this year and extending a nearly 60% decline since January. Despite Ripple's efforts to expand in Europe and growing institutional interest, XRP's market cap fell to $62.8 billion, slipping to the sixth largest crypto asset. Thin trading volumes on Binance have raised concerns about potential market manipulation, with analysts warning of a further drop to $0.95. Retail investors remain divided, some seeing the dip as a buying opportunity while others caution about weak support levels.

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TORCH token reached a new record high, while 12 other cryptocurrencies including DATA and BLUR set new all-time lows. The top five cryptocurrencies by market cap—Bitcoin, Ethereum, BNB, XRP, and Solana—remain significantly below their all-time highs,...

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XRP whale outflows from Binance hit a five-year low, signaling reduced large-holder buying activity.

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XRP whale moves $106M worth of tokens to new wallet amid price dip

XRP whale moves $106M worth of tokens to new wallet amid price dip

An XRP wallet that accumulated nearly 300 million XRP when prices hovered around $2 transferred 82.3 million XRP, valued at about $106.6 million, to a newly created address on October 20, 2026. The wallet initially received these tokens between Novem...

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