XRP Ledger Activity Falls 61% as Market Normalizes

On‑chain data shows the XRP Ledger’s daily active addresses dropped from roughly 20,000 to about 7,800, a decline of more than 60%. Analysts attribute the plunge to the fading of short‑term speculative spikes such as arbitrage trades and token launches, indicating a return to a more sustainable level of network usage.

During the same period XRP’s price hovered around $1.16‑$1.17, remaining under technical pressure with bearish moving‑average gaps and an RSI near 33. Binance’s XRP reserves hit a three‑month low, suggesting investors were moving tokens off the exchange into private wallets rather than panic‑selling, a sign of accumulation despite the price weakness.