XRP MVRV Hits Record Lows, Prompting Talk of Potential Rally

On‑chain data shows XRP’s 30‑day MVRV at roughly –45 % and its 365‑day MVRV at about –47 %, levels that have never been recorded before. The simultaneous deep losses for both short‑term traders and long‑term holders indicate that the majority of the token’s supply is currently underwater.

Analysts interpret the extreme negative MVRV as a contrarian signal: with most holders already in loss, further selling pressure could be limited, improving the risk‑reward profile for new entrants and suggesting a possible mean‑reversion rally. However, the timing of any recovery remains uncertain and broader market conditions, such as macro‑economic trends and sentiment shifts, could delay or dampen any bounce.