XRP fell below the $1 mark during a weeklong cryptocurrency selloff, touching a low of $0.972 in the early Saturday session before trading at $0.986, down 2.58% over the previous 24 hours. The move extends a run of nine consecutive daily losses; a tenth straight decline would make it the longest losing streak since the start of the year.
The drop came amid broader crypto market weakness that coincided with strength in the U.S. dollar. The dollar index climbed to its highest level since April 2025 on Friday after inflation data released earlier in the week came in hotter than expected. Concerns over leadership turmoil at Nvidia Corp. also weighed on the artificial intelligence trade, adding pressure across risk assets.
Market-cap ranking under pressure
According to current CoinMarketCap data cited in the report, XRP has slipped out of the top five cryptocurrencies by market capitalization and now sits in sixth place, below the USDC stablecoin, with a market valuation of $62.72 billion. The token is also down nearly 16% on a weekly basis.
Holder growth diverges from price
Santiment data shows that accumulation by smaller large holders is quietly increasing even with XRP trading below $1. Wallets holding 10,000 or more tokens have risen rapidly in November to approximately 343,500, an increase of 16,815 wallets, or 5.15%, over nine months. That has created a positive divergence: XRP has dropped more than 30% over the past seven weeks while the number of such wallets has grown.
When larger holders continue to appear during a selloff, it suggests some higher-capital traders are using the fear to build positions rather than abandon the asset, according to the report.
Levels to watch
$1.00 is now the key level for XRP to defend. Per Santiment, if wallets holding 10,000 or more tokens stay on their rapid upward trajectory while XRP holds $1 and Bitcoin stabilizes, a reclaim of $1.10 to $1.15 could develop quickly.
In the alternative scenario, losing $1 while wallet growth reverses would likely produce a short-term selloff, followed by retail fear that should quickly lead to a bounce. Under that scenario, XRP might aim at $0.77, a level last reached in October 2025.
