XRP transaction demand falls 91.5% as traders focus on $0.65 support

Summary

XRP onchain activity has fallen sharply since its 2025 peak. Glassnode says the 90-day average of network fees is down 91.5% to about 500 XRP, signaling much lower transaction demand after the earlier speculative rally above $3. Profitability has also weakened: the 90-day realized profit-to-loss ratio dropped to 0.38 from 50, showing more coins are being sold at a loss, a capitulation-like pattern. Exchange data suggests large holders are not driving the decline as strongly as before. Binance inflows from 100,000–1 million XRP and 1 million-plus XRP wallets have fallen 15% and 20% since October 2025, implying weakness is more tied to liquidations and risk-off sentiment. Technically, traders are focusing on the $1.00–$0.65 zone, with a fair value gap near $0.63–$1.00 and high-volume support around $0.50–$0.65. Some view this area as a possible accumulation range.