XRP Breaks $1 Floor, $4.06B In Ledger Assets Still Fail To Lift Price

XRP (XRP) fell below $1 after a 635-day run above the level even as XRP Ledger adoption hit records, with $4.06 billion in real-world assets.

Key Points:

XRP first fell below $1 on Aug. 11, ending 635 consecutive days above the level.

XRP Ledger real-world assets reached about $4.06 billion after adding roughly $2.5 billion over six months.

Institutional settlement activity can bypass XRP, weakening the case that ledger adoption automatically creates demand for the token.

XRP Price Break

XRP first slipped under $1 on Aug. 11, printing $0.9915 and ending 635 consecutive days above the psychological threshold, its first breach since November 2024. The level remains under pressure.

Buyers would need to reclaim $1.03 to improve the short-term structure, while analysts see $0.70 to $0.90 as the next support after XRP briefly traded below Ripple’s RLUSD (RLUSD) stablecoin.

SoSoValue data showed U.S. spot XRP products drew $3.27 million in August through the report date, roughly 88% below the $27.29 million recorded in July. Price support has not followed adoption.

Also Read: Cardano DeFi TVL Jumps 14M ADA While Institutions Stay On Sidelines

Adoption Divide

The bullish case rests on network use: Aviva Investors, which manages $351 billion, launched a tokenized fund on the XRP Ledger, while real-world assets there reached about $4.06 billion after adding roughly $2.5 billion in six months.

Lark Davis said “the token network relationship is genuinely unresolved,” a dispute sharpened by a monthly RSI reading at its most extreme level in 12 years. Santiment also recorded 32 new wallets holding at least 1 million XRP over three months.

Yet Ripple completed 10 major institutional deals in 2026 using RLUSD rather than XRP, while Standard Chartered targets $2.80 and analyst Ali Martinez sees downside toward $0.62.

After XRP’s 2018 peak, the token lost 95% over the following two years, and it now trades about 72.5% below its July 2025 record. Those swings frame the current $1 test.

Mehjabeen Arsiwala

Mehjabeen Arsiwala is a journalist covering crypto news, DeFi, exchanges, trading, and market analysis. Over the past three years, she has focused on the trends and narratives shaping digital asset markets, from price action and forecasts to exchange developments and on-chain signals. She specializes in clear reporting that helps readers understand what is happening in the market and why it matters.