Why Is XRP Losing Demand? Ripple Ready To Fall Below $1

NewsThu, 06 Aug 2026 08:05:00 UTC2 hours ago
Why Is XRP Losing Demand? Ripple Ready To Fall Below $1

Ripple’s native token XRP is close to falling below the $1 level as it traded at a day’s low of $1.04 on Thursday. The leading altcoin has been on a relentless decline for over a year, shedding 65% of its value since 2025. Traders who took an entry position during the bull run in late 2024 and early 2025 are all at a loss. The entire altcoin market, including Cardano’s ADA, among others, is facing similar corrections. Only Solana and Binance Coin have been able to sustain themselves in the charts.

Also Read: XRP at a Crossroads: Sell Everything Now or Wait for a Rebound?

Why Ripple’s XRP is Losing Demand in the Market in 2026?

Source: U.Today

XRP has seen a noticeable price drop as trading volume in cryptocurrency exchanges has experienced a major dip. The on-chain data indicates that large wallet holders, who are commonly known as whales, have limited their accumulation of XRP. This has coincided with retail investors also giving the leading altcoin a miss. The dual decline has erased fresh capital in Ripple’s altcoin, and only existing holders are now trading in the asset.

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