XRP May Experience a Decline Due to Concerns About Market Peaks
Recent on-chain analysis indicates that XRP, despite its remarkable rally of over 385% since late 2024, may be nearing a market peak. Over 70% of #xrp 's realized market capitalization has been accumulated between late 2024 and early 2025, suggesting that many investors purchased at higher price points. This trend, noted by Glassnode, resembles previous market tops where newer investors, sensitive to price shifts, often initiate significant sell-offs during market corrections.
Historical data reveals that similar conditions in late 2017 and 2021 resulted in substantial declines in XRP's value, raising concerns about a potential local top forming in January 2025.
XRP's network activity has also seen a significant decline. After reaching record levels in March 2025, the number of active addresses has plummeted by over 90%, returning to pre-breakout levels.
Recent on-chain analysis indicates that XRP, despite its remarkable rally of over 385% since late 2024, may be nearing a market peak. Over 70% of #xrp 's realized market capitalization has been accumulated between late 2024 and early 2025, suggesting that many investors purchased at higher price points. This trend, noted by Glassnode, resembles previous market tops where newer investors, sensitive to price shifts, often initiate significant sell-offs during market corrections.
Historical data reveals that similar conditions in late 2017 and 2021 resulted in substantial declines in XRP's value, raising concerns about a potential local top forming in January 2025.
XRP's network activity has also seen a significant decline. After reaching record levels in March 2025, the number of active addresses has plummeted by over 90%, returning to pre-breakout levels.
6 days ago
