CryptoSlate August 16, 2026

Record user activity and a collapse in whale selling should send XRP soaring, so why is it still pinned at $1?

Record user activity and a collapse in whale selling should send XRP soaring, so why is it still pinned at $1?

XRP is back near $1 even as network activity rebounds, whale deposits to Binance collapse, and derivatives exposure builds near recent lows. The token fell to about $0.98 this week before recovering toward $1, according to CryptoSlate data, extending a retreat that has erased much of its May rally. Crowd commentary around XRP simultaneously reached […]

The post Record user activity and a collapse in whale selling should send XRP soaring, so why is it still pinned at $1? appeared first on CryptoSlate.

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