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XRP price drops 69% from peak despite 35% rise in active wallet addresses in August

Market News
13 Aug 2026
Bitcoin
View Source
Bearish
pluang ai news

XRP's price fell to around $1 on August 13, marking a 69% drop from its January 2025 peak near $3.30, even as daily active wallet addresses increased by about 35% in August compared to July. However, the creation of new wallet addresses remained steady, indicating that the rise in activity does not necessarily reflect new user growth. Institutional interest and corporate use of XRP continue to grow, but this has not reversed the price decline. The increased ledger activity shows stronger engagement but does not guarantee a price recovery or broader adoption.

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