XRP Price Struggles Near All-Time Low as Fundamentals Weaken
XRP's price has been hovering near $1 after plummeting about 70% from its all-time high of $3.65 in July 2025, according to data from CoinGecko.
The token's technical structure remains bearish, and several fundamental indicators suggest weaker activity on the network.
Key XRP fundamentals have weakened, including a decline in transactions on the XRP Ledger, with daily figures falling to 403k this month, down sharply from the year-to-date high of 2.1 million.
XRP's futures open interest has also dropped to $2.6 billion from last year's high of $10.5 billion, indicating a decrease in demand for perpetual futures contracts.