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>>Analyst Explains Why XRPL Metrics Slid 50–80% and Whether This May Affect XRP’s Value

Analyst Explains Why XRPL Metrics Slid 50–80% and Whether This May Affect XRP’s Value

crypthub

about 6 hours ago

XRPL Activity Decline

Public metrics show a sharp fall in XRPL usage. Active users dropped from over 200 k to about 38 k, payment volume fell from 2.5 bn XRP to roughly 80 m, and unique sending accounts slid to ~3 k from >40 k. Analyst Arthur calls the numbers “bad” but notes they may not capture true demand.

Institutional Trading Shift

The decline coincides with the Feb 18 launch of XLS‑81, a permissioned DEX that lets regulated entities trade in private pools. Transactions in those pools are excluded from public trackers, moving activity off‑chain. Arthur suggests the 2025 retail spike was on‑chain, while institutional flow is now hidden.

Market Price and Sentiment

XRP traded around $1.39, down 2 % in 24 h, 5 % in a week and 27 % in a month, a 46 % loss year‑to‑date and >60 % below its July 2025 peak. Critics rebuke viral forecasts of $15–$70, arguing liquidity and macro factors dominate. Bitcoin has been sideways, limiting alt‑coin direction.

Valuation Signals

Santiment reports the largest realized loss spike since 2022 as XRP fell from $3.60 to $1.10, a pattern that historically preceded a 114 % rally, though no repeat is promised. MVRV ratios rank XRP as the third most undervalued major crypto at –4.1 % after ETH and BTC. Large transfers of >31 m XRP to Binance may add $45 m of sell pressure if realized.