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XRP faces a key test for US$1, and online activity hits a two-month high

2026-08-16 00:51:39
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XRP network activity recorded 49,929 active addresses in 24 hours, setting a new high in more than two months. The three-month average of inflows from major Binanhang XRP companies fell to the lowest level since 2021, indicating that selling pressure has weakened. XRP remains below the 50-day and 200-day moving averages, with US$1 as support and US$1.07 to US$1.10 as the key recovery range.

As market negative sentiment reaches its three-month extreme, XRP is testing the $1 barrier while online activity is rising. Sanitation Intelligence reported 49,929 active addresses in 24 hours, the highest level in more than two months. At the same time, Darkforst said that the three-month average of inflows from large Binanhang XRP companies has dropped to its lowest level since 2021.

Internet activity rises

Sanitation said XRP discussions on X, Reddit, Telegram and other cryptocurrency channels have become increasingly bearish this week. The shift came after XRP failed to rebound and its market value fell below $1. However, XRP Ledger activity increased significantly after approaching a 2026 low in early July. Sanitation recorded 49,929 active addresses in 24 hours. The chart provided also shows that the number of daily active addresses is close to 20,400, while the number of holders has steadily increased to approximately 8.05 million.

Inflows from large Binance households decline

Darkforst reported that the latest data showed that inflows from major XRP companies to Binance dropped to US$61 million. The indicator uses a three-month average to track trends. For comparison, inflows from large households reached US$456 million in January 2025 and US$355 million in October. Current inflows are six to eight times lower than previous levels. Despite low inflows, net flows remained positive at approximately $18.8 million. Darkforst said that inflows from the currency still exceed outflows.

The analyst also pointed out that inflows and trading volumes across the market are declining. Darkforst described this as selling dried up and demand had not yet increased.

XRP is still below the key moving average

The chart shows that XRP was around US$1.001 on August 15, after experiencing a mid-term decline that began in February. XRP was mainly trading between $1.35 and $1.55 before the decline accelerated in late May and June.

Prices then fell towards the US$1.05 to US$1.10 range, forming lower highs and lower lows. The 50-day moving average is close to $1.02, while the 200-day moving average is around $1.07. XRP is still below both moving averages, and the 50-day moving average is also below the 200-day moving average. The US$1 mark is a direct psychological support level. The chart shows resistance in the $1.02,$1.07 and $1.10 to $1.18 range, and identifies $1.07 to $1.10 as a key recovery area.

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