XRP Network Activity and Price Analysis
Decline in XRP Network Engagement
XRP’s struggle to break through the $1.50 threshold has been accompanied by a significant decline in network activity, highlighting reduced participation across its blockchain ecosystem. This trend is evidenced by a notable decrease in the number of active wallets, which dropped from 55,080 on February 9 to 40,778 by February 15, marking a substantial decline of roughly 26%, as reported by on-chain data analyst, Ali Martinez.
Fluctuating Active Addresses
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Activity on the XRP network peaked at around 55,000 active addresses on February 9, only to experience a steep drop the following day. From February 11 to February 15, the daily count of active addresses hovered between 41,000 and 43,000, never quite reaching previous highs. This metric serves as a crucial indicator of network engagement and transactional demand. A swift decrease in active addresses signals a reduction in on-chain activity, implying weakened short-term interest from both traders and investors.
Impact on XRP Price Dynamics
From a pricing perspective, declining network activity can hinder bullish momentum. Lower engagement typically leads to diminished liquidity and transactional demand, which can exert downward pressure on XRP’s market price. This comes during a period where XRP has shown some resilience, having rallied approximately 38% from its early February lows of around $1.11 to $1.20, despite a major market-wide downturn.
Market Sentiment and Predictions
Adding to the sentiment is a significant downgrade by financial heavyweight Standard Chartered. The bank’s analysts have revised their end-of-2026 price target for XRP from an optimistic $8 to a more conservative $2.80, representing a sharp 65% reduction. Geoffrey Kendrick, Global Head of Digital Assets Research, attributes this revision to challenging price action, macroeconomic headwinds, diminished institutional inflows, and the anticipation of further short-term declines in the crypto sector.
Positive Developments Amidst Bearish Outlook
Despite these challenges, there are positive developments on the horizon for XRP. Exchange-traded funds (ETFs) centered around XRP have accrued over $1.37 billion in inflows since late 2025. Moreover, Ripple has rolled out an institutional roadmap in mid-February, which includes features like DeFi scaling, lending capabilities, and a robust treasury fund, all aimed at bolstering the ecosystem.
XRP Price Analysis
As of the latest data, XRP is trading at $1.46, reflecting a 1% decrease over the past 24 hours. On a weekly scale, the asset has appreciated nearly 3%. However, XRP remains under both its 50-day Simple Moving Average (SMA) of $1.83 and its 200-day SMA of $2.34, indicating persistent bearish momentum in the medium to long term.
Technical Indicators
The price’s position below these critical moving averages suggests that sellers continue to dominate, with potential rallies likely facing resistance near these levels. Additionally, the 14-day Relative Strength Index (RSI) is at 44.26, sitting in neutral territory but below the midpoint of 50, which signals weakening buying pressure, though not yet reaching oversold conditions.
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