XRP price reaches November 2024 low, while chain active addresses increase

iconAiCoin
Share
AI summary iconSummary
The XRP price closed at approximately $1.00 on August 12, down 69% from its January 2025 peak of $3.30, reaching its lowest level since November 2024. On-chain data from Santiment shows that daily active addresses increased to 35,700 in August, up from 26,400 in July. On-chain analysis reveals that new addresses averaged 2,260, nearly unchanged from 2,270 in the previous month.

On August 12, XRP closed at approximately $1.00, a decline of about 69% from its January 2025 high of $3.30, marking its lowest closing price since November 2024. Santiment data shows that the average daily active addresses in August were around 35,700, up from 26,400 in July, while the average daily new addresses in August were approximately 2,260, nearly unchanged from July’s 2,270. (Santiment)

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.