XRP (CRYPTO: XRP) recently made its lowest daily close since November 2024, but rising network activity and developments suggest the underlying XRP ecosystem remains active.
More Activity but no New Users In an X post on Aug. 13, Santiment data shows XRP closed around $1 on Aug. 12, its lowest daily close since November 2024 and roughly 69% below its January 2025 peak near $3.30.
Network activity, however, is moving in the opposite direction.
Active addresses have averaged around 35,700 per day in August, compared with around 26,400 in July.
The catch is that new-user growth remains stagnant as they averaged roughly 2,260 per day this month versus 2,270 in July.
