XRP Falls Below $1 for First Time Since November 2024

Price ActionDigital Finance
โดย 99bitcoins.com·GLOBAL·Read original
Summary · why it matters

XRP fell as low as $0.99 during the August 12 session, slipping below $1 for the first time since November 2024. The token first crossed $1 on Nov. 16, 2024, before reaching a peak of $3.42 in July 2025, but the broader crypto market downturn has since erased much of that advance. Derivatives exposure has been rebuilding, with Binance's seven-day change in XRP open interest moving from about -13% on Aug. 1 to +7.4% by Aug. 11, while market-order data continued to favor sellers, as Binance's perpetual cumulative volume delta fell from roughly -$251M at the beginning of August to -$349.5M by Aug. 11. US-listed XRP investment products saw four consecutive months of inflows exceeding $300M, with monthly totals of $81.59 million in April, $131.94M in May, $59.46M in June, and $27.29M in July, as reported by CoinGlass. In contrast, 21Shares' XRP ETF, TOXR, reported a 54.4% decline in net assets by the end of June, dropping to $112.9M from $247.7M in December, and remained the only US spot XRP ETF with negative cumulative flows since launch, at around $20M.

Impact on stocks 1

Others▼ · 1 stocks
21Shares AG
CANTN
▼ NegativeCapitalrelevance

21Shares' XRP ETF TOXR saw a 54.4% decline in net assets and remains the only US spot XRP ETF with negative cumulative flows, reflecting poor performance.

Off-coverage companies 2

BinancePrivate± Mixed
relevance

Binance is mentioned as the exchange where XRP derivatives data shows rebuilding open interest but persistent selling, but no direct impact on Binance itself.

CoinGlassPrivate± Mixed
relevance

© 2026 MarketDXNews