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Reading: XRP trades near $1, lags 21-month lows despite surge in network activity
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COINTURK NEWS > Ripple (XRP) > XRP trades near $1, lags 21-month lows despite surge in network activity
Ripple (XRP)

XRP trades near $1, lags 21-month lows despite surge in network activity

In Brief

  • 🚨 XRP hovers near $1 as trading approaches 21-month low.

  • 📊 Despite falling prices, activity on the XRP Ledger has surged past 900,000 daily payments.

  • 📈 Over 200,000 users remain actively engaged in $XRP transactions this month.

  • 🔗 XRP’s strong network performance shows no major decline in blockchain participation.
Güvenç Koçkaya
Güvenç Koçkaya 44 minutes ago
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XRP is trading just above $1, approaching levels not seen since November 2024, even as its network data shows a marked increase in activity on the XRP Ledger. While the token’s price remains under pressure, recent metrics reveal unusually high payment volumes and an uptick in the number of active users.

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Contents
Price pressure and technical resistanceLedger data signals heightened blockchain activityBulls await demand conversion

Price pressure and technical resistance

After extending a downward trend that has dominated much of 2025, XRP’s price currently stands at approximately $1.01. The asset faces short-term resistance in the $1.06 to $1.08 range, with its 100-day moving average at $1.17 and its 200-day average at $1.36. As a result, XRP has dropped below key moving averages that typically serve as support levels.

A decisive break below $1 would carry technical significance. Since late 2024, XRP has not traded below this figure. Meanwhile, the relative strength index (RSI) sits close to 37, suggesting ongoing selling momentum and an overall bearish outlook among traders.

The discrepancy between XRP’s price trajectory and its network usage has caught analysts’ attention, drawing focus to the underlying factors that may influence future price moves.

Ledger data signals heightened blockchain activity

Despite bearish price action, activity on the XRP Ledger has surged. This week, the number of daily payments spiked to 935,000, well above the average 400,000 to 600,000 daily payments seen during most of the prior month. Transaction volumes have also displayed heightened volatility, with notable spikes surpassing 1 billion XRP on August 1 and further expansions on subsequent days.

Active user metrics provide an additional perspective. The number of unique users often reached or exceeded 200,000 during recent weeks, remaining consistently above the 100,000 mark for much of the prior month. In effect, active participation on the ledger has not mirrored the recent price correction, underlining a divergence between blockchain activity and market sentiment.

MetricRecent LevelTypical Previous Range
Price$1.01Above $1 since Nov 2024
Payments per day935,000400,000–600,000
Active users200,000+100,000–200,000
RSI37Neutral: 50

Mini dictionary: XRP Ledger, a decentralized public blockchain developed by Ripple, facilitates fast and low-cost cross-border payments. It enables transactions in multiple currencies and offers features tailored to financial institutions and payment providers.

While these developments point to a vibrant network, some on-chain transactions may reflect automated or exchange activity that does not necessarily indicate fresh buying on the open market.

Bulls await demand conversion

Analysts caution that robust ledger statistics alone do not ensure a price recovery. Network movements, including internal transfers and automated transactions, may not directly support sustained buying interest in $XRP. As a result, selling pressure continues to dominate, and the asset’s downtrend remains in place.

XRP’s price approaches its lowest point in nearly two years, but the underlying ledger activity signals consistent network engagement and fundamental support.

Market observers widely agree that for a reversal to occur, elevated blockchain activity must translate into concrete demand that influences the market price. Until such a shift materializes, the current technical structure suggests sellers retain control over short-term momentum.

You can follow our news on X, Telegram, Facebook & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Güvenç Koçkaya 13 August, 2026 - 2:27 pm 13 August, 2026 - 2:26 pm
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Güvenç Koçkaya
By Güvenç Koçkaya
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The author, a medical doctor and health economist, produces content on cryptocurrency markets, blockchain technologies, digital assets, and global finance.As a cryptocurrency writer and investor, he closely follows Bitcoin, altcoins, market trends, macroeconomic developments, token economies, and innovations in the digital asset ecosystem. By combining perspectives from health economics and financial analysis, he evaluates developments in cryptocurrency markets using a clear and data-driven approach.
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