XRP is currently trading at approximately $1.38, a significant 62% drop from its all-time high of $3.65 reached in July 2025. The cryptocurrency has a history of sharp price fluctuations, including a decline from $3.40 to $0.26 in 2018 and a drop from $0.66 to $0.22 following the SEC’s lawsuit against Ripple in 2020. Recent data indicates a troubling trend, with daily active wallet addresses on the XRP Ledger declining from 22,054 a year ago to just 13,684, suggesting a slowdown in network activity and adoption.
This decline in usage could weigh heavily on XRP’s price, especially amid a prolonged bear market. While there’s a plausible scenario where XRP dips below $1, the current landscape, including the growth of spot ETFs and Ripple’s strategic acquisitions, suggests a robust recovery potential if it does. Market professionals should remain vigilant; a continued drop in utilization metrics could signal deeper issues, warranting a reevaluation of holding strategies.
Source: fool.com