XRP Faces Hurdles — On-Chain Signals Limit Upside

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XRP price struggles due to declining open interest and weakening network activity, as a classic chart pattern points to a further downside for the altcoin.

Declining daily active and new addresses signal reduced network activity, less demand for XRP.

XRP open interest is down 30% in a month.

XRP price is stuck below key trendlines as a classic pattern hints at a drop to $1.20.

XRP’s price has been consolidating within a tight $2.05-$2.33 range over the last 30 days as $3.00 remains elusive. Key data points explain why XRP price is stuck in a consolidation, including XRP Ledger’s declining network activity, decreasing open interest and weak technicals. 

Declining XRP Ledger network activity
The XRP Ledger has experienced a significant drop in network activity over the last six months. Onchain data from Glassnode shows new daily addresses on the network are far below the 2025 peak of 15,823 reached on Jan. 16. Only 3,500 new addresses were created on Thursday. 


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