XRP Ledger, Price 'Holds On' Despite 70% Evaporation in Trading Volume... Money Gathers After Fear, Catching Accumulation Zone

▲ XRP

XRP Ledger's transaction activity has decreased by about 70% in a month, but the price trend and network indicators are aligning belatedly, strengthening the interpretation that it is a phase of overheating resolution.

According to U.Today, a cryptocurrency specialized media outlet, on April 27 (local time), XRP Ledger's payment activity has significantly cooled over the past month, with the number of transactions decreasing by about 70%. While it superficially appears to be a sharp contraction, U.Today evaluated this not as structural weakening but as a process of abnormally surging network usage returning to a normal range.

Previously, on-chain activity surged on the XRP Ledger, but actual market demand and price trends did not keep pace. While network usage significantly exceeded the baseline, the XRP price failed to establish sustained strength and was subsequently exposed to a prolonged correction.

U.Today diagnosed that network activity is decreasing to a more sustainable level, and at the same time, the price is entering a stable range. Due to market structure, XRP consistently declined before forming a base near $1.40, and the pattern of repeatedly defending this zone suggests that buying pressure is intervening more frequently than before and selling pressure is weakening.

The decrease in trading volume was interpreted as a signal that the accumulation environment is becoming cleaner as speculative demand and temporary usage exit. U.Today explained that a decrease in ledger activity does not always mean fundamental deterioration, and often it is a process of unsustainable excess demand being eliminated.

The network usage remaining after the excess activity subsides can be a more reliable indicator for judging organic demand. U.Today's key analysis is that if the XRP price maintains support and network activity stabilizes without further collapse, XRP could be at the starting point of entering a healthier cycle.

*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*