XRP Network Activity Plummets 65%, Raising Concerns Over Future Prospects

Recent data indicates a significant decline in XRP network activity, sparking worries about the cryptocurrency’s market solidity and future price trajectory.

XRP Faces 65% Drop In Network Activity, Raising Concerns

The XRP network, which saw a spectacular rally at the end of 2024, is now experiencing a steep decline in activity. According to CryptoQuant data, the number of active addresses on the XRP network dropped from 63,389 on January 16, 2025, to 22,859 on April 3, 2025, marking a decline of 65% in just a few weeks. This sudden drop in network activity reveals a worrying loss of momentum and raises concerns about the market’s solidity. The overall speculative dynamic behind the numbers seems to be faltering, indicating a clear cooling of the market.

XRP Consolidates at $2.00: Breaking $2.23 Could Lead to a Huge Surge

XRP remains resilient, holding firm above crucial support at $2.00. It is currently trading at $2.07. There is potential for a breakout if it breaks above $2.23. Bullish macro sentiment, fueled by expectations of Fed rate cuts, is boosting investor confidence and could benefit XRP. Key catalysts such as Ripple’s RLUSD integration and the Coinbase XRP futures listing could drive XRP’s price higher. Over the past 24 hours, XRP has climbed 0.89%, defying broader market weakness.

XRP Price Prediction: Potential $2.50 Breakout Amid Trade War Concerns

With U.S. equities losing trillions in market value due to trade tensions with China, investors are increasingly turning to digital currencies. XRP, in particular, has seen a surge of over 12% in recent days, reclaiming the $2.12 level and hinting at a potential breakout toward $2.58. The catalyst for this rally has been the global reaction to China’s retaliatory tariffs, which has deepened fears of a prolonged trade war and triggered a broad selloff in the stock market. The Dow and Nasdaq saw dramatic drops, erasing over $4 trillion in market capitalization, sparking capital rotation into crypto.

Ripple (XRP) Soars 300% in a Year: Where Could It Go Next?

The November post-US election rally saw Ripple (XRP) soar from $0.61 to $3.30 within three months, retaining 300% of its gain in the last year. Currently ranking fourth among all cryptocurrencies with a market value of $141.6 billion, investors are speculating about the potential increase in XRP’s price now that legal restrictions have been lifted.