XRP’s network activity nosedives 45% in a week; Crash below $3 next?

XRP Network Activity Plummets as Whale Transfers Stir Market Anxiety

This network pullback has come alongside a price dip, with XRP falling from $3.55 to $3.16—an 11% slide that has dragged sentiment down. Traders are now eyeing the $3 support zone as capital appears to rotate back toward Bitcoin, stalling interest in altcoins. Part of the unease stems from major token movements linked to Ripple co-founder Chris Larsen. Since July 17, over $140 million worth of XRP has been transferred to exchanges, fueling specu…

XRP’s network activity nosedives 45% in a week; Crash below $3 next?

XRP’s network activity has taken a major hit, with active addresses plunging alongside the asset’s inability to push further toward the $4 mark. Notably, the number of XRP’s active addresses peaked at 44,143 on July 21 on the weekly timeframe before dropping to just 24,644 by July 27, a 44.2% decline. The drop followed a brief surge from 30,190 on July 20, indicating that the increase in user activity was short-lived, according to the latest on-…