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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.

More News (XRP)

XRP jumps 8.7% near $1.54 amid whale buying and Ripple custody launch in South Africa

XRP jumps 8.7% near $1.54 amid whale buying and Ripple custody launch in South Africa

XRP surged 8.7% to trade near $1.54, hitting a high of $1.57, driven by significant whale accumulation and a new Ripple-powered custody service launched by South African bank Absa. Veteran trader Peter Brandt shared a long-term chart suggesting XRP c...

Market News
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4 hours ago
Ripple's David Schwartz dismisses XRP price rumors linked to social media memes.

Ripple's David Schwartz dismisses XRP price rumors linked to social media memes.

David Schwartz, Ripple's chief architect of the XRP Ledger, has publicly dismissed recent rumors among XRP investors that his social media posts contain secret market signals. The latest speculation was triggered by Schwartz posting a bagpipe GIF, a ...

Market News
Neutral
5 hours ago
Absa launches Ripple-powered digital asset custody for institutions in South Africa

Absa launches Ripple-powered digital asset custody for institutions in South Africa

Absa Corporate and Investment Banking has introduced Absa Digital Asset Custody in South Africa, using Ripple’s technology to securely manage digital assets and private keys for corporate and institutional clients. This service offers bank-grade gove...

Market News
Bullish
6 hours ago
XRP rallies over 8% as whales buy $2.2B tokens; upgrade and ETFs boost outlook toward $5.40 target.

XRP rallies over 8% as whales buy $2.2B tokens; upgrade and ETFs boost outlook toward $5.40 target.

XRP has surged more than 8% in three days following whale accumulation of approximately 1.54 billion tokens valued at $2.2 billion. This buying activity, combined with strong technical support and the upcoming XRP Ledger Batch V1.1 upgrade expected a...

Technical Signals
Bullish
7 hours ago
XRP could surge to $5.40 long-term, trader Peter Brandt predicts a 260% rise from current levels.

XRP could surge to $5.40 long-term, trader Peter Brandt predicts a 260% rise from current levels.

Veteran trader Peter Brandt projects that XRP's price could eventually reach $5.40, a roughly 260% increase from its current trading price around $1.50. His analysis is based on a long-term monthly chart showing XRP breaking through a key resistance ...

Analyst Insights
Bullish
8 hours ago
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