Ripple [XRP] has extended its weekly losses to about 7%, taking the yearly drawdown to 69.4%. Hence, XRP recorded its lowest price level since breaking above $1 in the last quarter of 2024.
Moreover, XRP’s weakening price action is setting the stage for a possible drop below $1.
XRP price loses KEY support level
The technical outlook of the altcoin has been bearish since early July 2025, when it recorded a high of $3.658. Since then, the altcoin has been dropping, having a bearish crossover in October the same year.
XRP remains below its 9 and 21 SMAs, while the Money Flow Index (MFI) has dropped into an oversold territory of 20.42. This capital outflow accelerates the risk of price falling below $1.
The recent low of $1.0049, the weakest since November 2024, marks a multi‑year psychological level, reflecting the most bearish sentiment in nearly two years.
Apart from a bearish market structure, fundamentals and network activity were adding to the pressure.
What’s fueling XRP’s weakness?
The Clarity Act was put on hold, delaying crypto adoption in the United States.
As a result, XRP ETF inflows slowed down, with weekly net inflows declining from over $100 million in late 2025 to just a few million. For instance, only $14.86 million of XRP ETFs were bought last week.
When it comes to network activity, the number of monthly active addresses has decreased by 9.40%. The metric has plummeted to 175.1K since peaking at 654.2K in December 2024, representing a 73% drop.
Moreover, the monthly token trading volume is down 38.7%, with a reading of $29.6 billion. Notably, daily exchanges of XRP valued $1 billion on average.
Fees reinforced the low network usage. In just a year, the fees from the XRP Ledger declined from $111.387K to about $10K, a tenfold loss.
Liquidity on the chain was also facing a difficulty. The market cap of stablecoins on the XRP Ledger was at $855.6 million, a 14.8% reduction. This reflected that aggregate demand for stablecoins on the chain was declining.
Final Summary
- XRP price recorded the worst weekly performance in almost 2 years, with the price crashing to $1.0049.
- Low XRP Ledger activity, a delayed Clarity Act, and declining ETF inflows contributed to the altcoin’s weakness.
