XRP closed near $1 on Aug. 13, about 69% below its January 2025 peak. Daily active addresses rose roughly one-third in August, while new-address creation remained virtually unchanged from July.
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.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.”
That calculation describes market performance rather than network health, and the simultaneous increase in address activity offers no direct evidence that heavier ledger use will reverse the price trend.
The split indicates that activity increased on the XRP Ledger without a comparable rise in newly created addresses. That pattern supports a narrower conclusion than broad adoption claims: ledger engagement strengthened during August, while the available measure showed virtually no expansion in new-address formation.
Address Data Shows Use Without Account GrowthNew addresses averaged approximately 2,260 per day in August, almost matching July’s 2,270, even as Aug. 11 produced the busiest active-address reading since June 5. The gap underscores a limitation of public blockchain data: address activity does not translate directly into unique users.
Institutional Access Grows While Adoption Evidence Stays MixedThe institutional, treasury, and large-wallet developments show several channels of XRP engagement, yet none converts August’s active-address increase into a verified count of new users. Santiment’s new-address average supplies the clearest boundary: roughly 2,260 addresses appeared daily through Aug. 12, about 10 fewer than July’s corresponding average. As of writing, XRP is trading at $1.008.
