XRP is trading near $1.07. Will it close above $1.10 on Aug 12?
50% of users predicted YES — the community missed this one. 2 predictions cast.
XRP closed near $1.00 on August 12, 2026, missing the $1.10 threshold and marking its lowest daily close since November 2024, according to Coinpedia market data. The token has fallen roughly 69% from its January 2025 peak near $3.30.
The immediate drag came from a security incident: a bridge connecting XRP to the Coreum network was drained of nearly 200,000 XRP, worth about $200,000, over a 97-minute window on August 9. According to Benzinga, the exploit stemmed from a flaw in the bridge's deposit-detection software, which mistook fake internal transfers for real incoming deposits and let the attacker withdraw genuine XRP. The bridge flaw was not a core XRP Ledger vulnerability, but the episode added to bearish sentiment already weighing on the token amid a broader crypto pullback.
Network activity told a mixed story: active addresses rose to an average of about 35,700 per day in August, up from roughly 26,400 in July, even as price kept sliding — a divergence some analysts read as accumulation by larger holders rather than retreat.
The Predict Six community was split 50/50 on this question, reflecting genuine uncertainty about whether XRP would hold above $1.10; the token instead closed well below that mark.