XRP News Today: XRP On-Chain Payments Drop 45% Year Over Year

XRP’s on-chain payments have experienced a significant decline, dropping by 45% over the past year. This decrease has led to a noticeable reduction in network activity and user engagement, with daily transactions now hovering near their lowest levels in twelve months. The sharp drop in network activity has sparked debate among analysts and investors, with some viewing it as a sign of sustained bearish pressure, while others see it as a potential buying opportunity.
The decline in XRP’s payment volume has been particularly pronounced over the past twelve months. Transaction activity peaked between November and December 2024, with multiple surges above the 2-3 billion XRP mark. However, following this burst, the network has entered a prolonged cooldown. From January 2025 onward, daily volumes have rarely crossed 1 billion XRP, and recent levels are scraping the lower bounds of the year’s range. Even brief upticks in February and April failed to reverse the broader downtrend. This consistent slide suggests a tapering in user engagement and capital flows across the XRP Ledger, raising concerns about waning institutional and retail interest.
From a bearish perspective, XRP’s ongoing decline in on-chain activity points to a deeper structural shift. Daily active addresses and transaction volume have been erratic and largely subdued since early 2025, while network growth has dropped to near historic lows from highs above 20,000. This stagnation suggests fading user interest and potentially diminished utility across Ripple’s ecosystem. The downturn coincides with key legal events, including the remedies phase in August 2024 and the October appeals, which likely discouraged developer and institutional engagement. Even after the SEC dropped its appeal in March 2025, activity failed to rebound, indicating that legal clarity hasn’t translated into renewed network momentum.
Despite the sustained drop in XRP transactions, there are signs that this phase could signal a period of consolidation. According to data, the number of large holders has remained steady, hinting that smart money may be accumulating amid low activity. Trading near $2.19 at press time, XRP appears to be stabilizing after a sharp May drop, with narrow-bodied candles showing indecision. The RSI hovered just above 42, hinting at approaching oversold conditions. The MACD histogram showed a slowdown in bearish momentum, often a precursor to a reversal. Coupled with steady whale holdings, this “quiet” phase could indicate strategic accumulation, suggesting that the current situation might present a buying opportunity for investors.

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