XRP Adoption Hit as Network Activity Drops Nearly 50% ⋆ ZyCrypto

XRP Adoption Hit as Network Activity Drops Nearly 50% ⋆ ZyCrypto

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XRP traded largely sideways on Monday as broader crypto markets showed signs of wavering and fading momentum.

The sixth-largest crypto asset now finds itself caught between weakening on-chain fundamentals and a more stable but still fragile price structure.

Recent data, highlighted by analyst Ali Martinez and based on Santiment metrics, shows that XRP network activity has fallen sharply over the past two weeks.

“XRP network activity has fallen by almost 50% in the last two weeks, as active addresses decreased from 50,000 to around 25,000.” the expert tweeted Friday.

This sharp reduction suggests that fewer users are interacting with the XRP Ledger, indicating a cooling phase in transactional demand and a slowdown in adoption momentum following a period of elevated activity.

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While the decline in network usage raises concerns about short-term engagement, sentiment data tells a more complex story.

Earlier this week, Santiment also reported that XRP sentiment had reached its most negative reading of 2026, reflecting a rise in bearish comments on social platforms.

Historically, these extreme fear conditions have often appeared near local market lows, where pessimism overloads and downward pressure begins to run out. However, this does not automatically translate into an immediate recovery, as extreme sentiment can persist during prolonged consolidation phases.

However, more recently, sentiment across the broader crypto market has begun to recover, including in the case of XRP, Bitcoin and Ethereum, following improving macroeconomic conditions following the easing of geopolitical tensions linked to a US-Iran deal.

According to Santiment’s latest commentary, bullish sentiment has begun to outweigh bearish opinions in major crypto communities, with XRP showing a bullish-to-bearish ratio of around 1.65 to 1.

Despite this improvement, the firm’s analysts highlight that the market is still far from “greed” territory.

Technically, XRP’s price structure has continued to attract attention even amid weaker on-chain activity. Analyst EGRAG CRYPTO pointed out a broader multi-timeframe formation on the XRP chart, framing it as a large ascending triangle structure developing over the course of a macro cycle.

He noted that XRP is progressing through a long ABCDE wave structure, with the current phase potentially representing the final “E” leg, often interpreted as the last shakeout before a larger expansion phase.

In your point of viewThe market is approaching a critical decision zone where a macro bottom may be forming within the structure. A decisive break above the key resistance area between $2.00 and $2.10 would be the trigger that would bring higher Fibonacci-based bullish targets into play.

If that breakout structure is validated, the projected upside extends significantly higher, with intermediate macroeconomic targets clustered around the $9.50 to $17.23 region and a central focus near $13.

For him, longer-term projections extend even towards $26.30, and extreme bullish scenarios foresee moves towards the $100 level in a full-cycle expansion.

The token was trading around $1.13 at the time of publication, reflecting a gain of approximately 2% in the last 24 hours.

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