XRP Price Falls Below $1 Again Despite Record Network Adoption

XRP price slipped below $1 again in the past 24 hours, despite record adoption metrics across the XRP Ledger (XRPL). The altcoin is currently testing a level it defended for years.

The breakdown complicates a thesis built almost entirely on institutional demand and network growth. XRP Price Performance.

Source: CoinGecko What the Price Action Actually Shows A psychological support level is a round number that traders defend collectively, often regardless of underlying fundamentals. XRP has held above $1 for 635 consecutive days. The streak ended on August 11.

The token printed $0.9915, its first move below the level since November 2024. Each return to that zone carries weight. Repeated tests suggest sellers keep probing for weakness beneath a floor that once looked solid. The symbolism cut deeper than the arithmetic.