XRP closed around $1 on Aug. 12, its lowest daily close since November 2024 and roughly 69% below its January 2025 peak near $3.30, even as active addresses rose to about 35,700 a day in August from about 26,400 in July. New addresses were little changed at roughly 2,260 a day versus 2,270 in July, indicating that existing users, rather than new participants, are driving more of the network's activity. Evernorth also amended its Armada II transaction ahead of a planned Nasdaq listing so investor share issuance tracks XRP's value more closely, a structure XRP Ledger validator Vet said effectively moves the deal toward volume-weighted pricing and keeps the company's capitalization aligned with its XRP treasury. Separately, the Bank of Russia's framework for retail access to select cryptocurrencies included Bitcoin, Ethereum and Tether, but not XRP.