XRP Slides 69% From Peak While Existing Wallet Activity Climbs

Key Takeaways

• XRP recorded its lowest daily close since November 2024.
• Active addresses rose about 35%, while new addresses stayed flat.
• Higher activity does not confirm growth in individual users.

XRP Price Weakness Collides With Higher Ledger Activity

XRP traded near $1 on Aug. 13, its lowest level since November 2024 and roughly 69% below its January 2025 peak near $3.30, as ledger activity increased despite the steep retreat. Santiment’s analysis showed active addresses rising sharply in August while new-address creation remained virtually unchanged from July.

Amid favorable regulatory momentum, XRP climbed even higher in July 2025, reaching a new peak of approximately $3.65. The summer rally briefly pushed its market capitalization above $200 billion, cementing it as one of the top-performing assets of that period.

“Price closed at ~$1.00 on Aug 12, the lowest daily close since Nov 2024 and roughly 69% below the January 2025 peak near $3.30,” Santiment wrote, demonstrating how far the asset has retreated during the prolonged decline. The firm added:

“Activity picked up anyway. Active addresses averaged ~35,700 a day in August against ~26,400 through July, up roughly a third, with Aug 11 the busiest day since Jun 5.”