XRP: Network Activity Plunges 85% | Flash News Detail | Blockchain.News
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5/7/2026 1:57:00 PM

XRP: Network Activity Plunges 85%

XRP: Network Activity Plunges 85%

XRP new addresses drop from 18k to 2.7k daily, active supply falls to 2B XRP, signaling fragile market at $1.39 with bearish trends.

Source

Analysis

XRP network metrics scream exhaustion as new addresses crater from 18,000 per day in December 2024 to just 2,700 today, an 85% nosedive that mirrors the monthly active supply tumbling from 7.45 billion XRP to around 2 billion. This unwind shreds the speculative frenzy behind XRP's late-2024 rally, with the share of supply in profit sinking to 58.5%—the lowest since November 2024 when prices hovered at $0.53. Even at today's $2.15 mark, a hefty 41.5% of supply, or 26.5 billion XRP, bleeds red, exposing a top-heavy structure ripe for cracks in this crypto market decline.

XRP's 4-hour chart paints a bearish trap for the unwary, with price clinging to $1.39 right at the EMA200 support level while the EMA50 looms overhead at $1.41 as immediate resistance in this death cross MACD setup clocking zero momentum. RSI at 43.26 stays neutral but hints at no buyer conviction, and with price trading snug inside the Bollinger Bands—upper resistance at $1.44 capping upside and lower support at $1.38 beckoning a test—expect a swift rejection if volatility spikes, setting up a probable fade back to that EMA200 confluence before any real bounce materializes in this XRP price prediction landscape. Traders eyeing Bitcoin's BTC stability might note how XRP lags, underscoring broader crypto market crash risks amid fading hype.


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