XRP is currently trading in the $1.40 range, with on-chain data painting a much bleaker picture than the headlines suggest. Daily new addresses on the XRP Ledger network have collapsed by over 80%, from 18,000 addresses in December 2024 to just 2,700 addresses. However, institutions settle tokenized assets on the public blockchain in real time and completely silently.
. @Ripple network activity continues to slow down!
New wallet creation has increased from 18,000 per day in December 2024 to around 2,700 today.
Active $XRP Supply also declined sharply during the same period. pic.twitter.com/hkOGsMmUXL– CryptoBusy (@CryptoBusy) May 8, 2026
According to Glassnode data, the monthly active supply decreased by more than 70%, from 7.45 billion XRP to almost 2 billion XRP. Meanwhile, foreign exchange reserves reached an all-time low at 12.9 billion.
Whales also accumulated 110 million tokens in March, even as retail investor participation declined. “The network is moving from exclusively retail-focused speculation to institutional avenues, and this transition rarely looks positive in address tables,” noted Marcin Kazmierczak, co-founder of RedStone.
As institutional interest in XRP accelerates, the market is sending mixed signals.
Can XRP price rally back to $1.50 thanks to institutional news?
XRP price has stabilized between $1.38 and $1.42 over the past 48 hours after rebounding from the $1.38 level to a high of $1.45. The increase in trading volume is actually the only bright spot in the currently available data, while the rest of the indicators remain between neutral and weak.
The RSI, MACD, Stochastic and CCI indices are all stable at neutral readings. Analysts note that “low participation means bounces lack continuity,” which is the main problem when in-network payments risk falling below the 500 million level, a level that has historically been the basis of demand.
Currently, resistance remains stable at $1.45; The XRP price is attempting to break through this ceiling without apparent success so far.
While the increase in trading volume is encouraging, continued demand in the spot market will confirm that institutional accumulation is managing to absorb selling pressures.
Bitcoin Hyper Presale with Greater Upside Potential
XRP’s current situation offers limited upside opportunities given its market capitalization of over $80 billion. For XRP, achieving a doubling in price would require large-scale institutional inflows that could take years, not weeks. Therefore, traders seeking higher returns have started to focus their attention on early-stage infrastructure projects, whose prices do not yet reflect the full value of the project.
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The pre-sale managed to raise more than $32.6 million At the current price of $0.0136 Only, with staking rewards enabled for early entrants. Pre-sale momentum has continued to build as Bitcoin infrastructure projects gain increasing interest in the market.
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