XRP Falls to Lowest Price in Nearly Two Years

XRP, the cryptocurrency tied to Ripple, has fallen to its lowest price in nearly two years, closing at $1.00 on August 12, 2026. The token, which traded near $1.01 on August 13, is now approximately 69% below its January 2025 peak of roughly $3.30. The decline has occurred despite a notable increase in activity from existing holders on the network.

The price drop has been accompanied by a rise in selling pressure. Data from CryptoQuant shows the Exchange Supply Ratio for XRP climbed to 0.026, its highest level in six weeks, indicating more tokens are moving toward exchanges. On the derivatives market, the Taker Buy/Sell Ratio on Binance fell to around 0.86, its lowest reading since May, signaling that traders are executing more sell orders than buy orders. This combination of factors has kept the Awesome Oscillator negative for two straight weeks, suggesting sellers currently hold control of the market.

While the price has struggled, on-chain metrics show a divergence in network activity. According to analytics firm Santiment, active addresses on the XRP Ledger averaged about 35,700 per day in August, a jump of nearly 35% from July's average of around 26,400. Transaction counts...