- XRP’s new addresses crashed 85%, falling from 18,000 daily to just 2,700
- Glassnode data shows the active XRP supply dropped from 7.45 billion to 2 billion daily
- Ali Martinez says XRP breakout above $1.45 could trigger rally toward $1.80
Data from blockchain analytics platform Glassnode shows new addresses on the XRP network collapsed from 18,000 per day in December 2024 to just 2,700 today, marking an 85% decline in network growth.
The speculative rally that pushed XRP sharply higher in late 2024 has now faded at the network level.
So what does this mean for XRP’s next move?
XRP New Addresses Collapse 85%
According to the data, new addresses created on the XRP network have dropped from nearly 18,000 per day in December 2024 to just over 2,700 today, representing an almost 85% decline.
The chart shows that XRP network activity peaked near the end of 2024 as new wallet creation surged alongside price momentum. However, the trend reversed sharply in recent months, with new address creation steadily declining throughout 2025 and into 2026.
Sources: Glassnode
New addresses often reflect fresh user participation entering a blockchain ecosystem. The sharp drop suggests that retail activity and speculative interest have significantly slowed compared to the peak-rally period.
Active XRP Supply Also Declines
The slowdown is not limited to wallet creation alone. Glassnode data also reveals that XRP’s monthly active supply has fallen dramatically over the same period.
Daily active XRP movement dropped from approximately 7.45 billion XRP during the peak rally phase to nearly 2 billion XRP per day currently.
Sources: Glassnode
This indicates that fewer tokens are actively circulating across the network, suggesting reduced trading activity and lower speculative participation from investors.
Together, both metrics show that the intense speculative activity that drove XRP’s explosive late-2024 growth has largely cooled down.
What This Network Metrics Means for XRP
The sharp drop in XRP network activity could mean several things:
- Retail speculation is cooling after the 2024 rally
- Traders may be rotating into other sectors like AI and memecoins
- Long-term holders may now dominate network activity
- XRP could be entering a consolidation phase rather than a breakout cycle
At the same time, lower speculative activity may also reduce volatility and create a more stable market structure over time.
XRP Approaches Major Breakout Zone
Crypto analyst Ali Martinez shared a bullish technical outlook for XRP, noting that the asset is now approaching a critical breakout area on the daily chart.
According to Martinez, XRP continues trading inside a symmetrical triangle pattern, where buyers are steadily creating higher lows while sellers defend a key resistance trendline near the $1.45 level.
Martinez explained that a strong daily candle close above $1.45 could break the current resistance structure and open the door for a rally toward the next major resistance zone near $1.80.
However, if XRP fails to break above resistance, the token may continue consolidating inside the triangle pattern. Key support levels currently sit near $1.36 and $1.29.
Related: Trusted Volumes Exploit Drains $6.7M as 1inch Denies Protocol Impact
Please note, this site provides content for entertainment purposes only and does not offer financial advice. Read more here
