XRP is trading just above $1, approaching levels not seen since November 2024, even as its network data shows a marked increase in activity on the XRP Ledger. While the token’s price remains under pressure, recent metrics reveal unusually high payment volumes and an uptick in the number of active users.
Price pressure and technical resistance
After extending a downward trend that has dominated much of 2025, XRP’s price currently stands at approximately $1.01. The asset faces short-term resistance in the $1.06 to $1.08 range, with its 100-day moving average at $1.17 and its 200-day average at $1.36. As a result, XRP has dropped below key moving averages that typically serve as support levels.
A decisive break below $1 would carry technical significance. Since late 2024, XRP has not traded below this figure. Meanwhile, the relative strength index (RSI) sits close to 37, suggesting ongoing selling momentum and an overall bearish outlook among traders.
The discrepancy between XRP’s price trajectory and its network usage has caught analysts’ attention, drawing focus to the underlying factors that may influence future price moves.
Ledger data signals heightened blockchain activity
Despite bearish price action, activity on the XRP Ledger has surged. This week, the number of daily payments spiked to 935,000, well above the average 400,000 to 600,000 daily payments seen during most of the prior month. Transaction volumes have also displayed heightened volatility, with notable spikes surpassing 1 billion XRP on August 1 and further expansions on subsequent days.
Active user metrics provide an additional perspective. The number of unique users often reached or exceeded 200,000 during recent weeks, remaining consistently above the 100,000 mark for much of the prior month. In effect, active participation on the ledger has not mirrored the recent price correction, underlining a divergence between blockchain activity and market sentiment.
| Metric | Recent Level | Typical Previous Range |
|---|---|---|
| Price | $1.01 | Above $1 since Nov 2024 |
| Payments per day | 935,000 | 400,000–600,000 |
| Active users | 200,000+ | 100,000–200,000 |
| RSI | 37 | Neutral: 50 |
Mini dictionary: XRP Ledger, a decentralized public blockchain developed by Ripple, facilitates fast and low-cost cross-border payments. It enables transactions in multiple currencies and offers features tailored to financial institutions and payment providers.
While these developments point to a vibrant network, some on-chain transactions may reflect automated or exchange activity that does not necessarily indicate fresh buying on the open market.
Bulls await demand conversion
Analysts caution that robust ledger statistics alone do not ensure a price recovery. Network movements, including internal transfers and automated transactions, may not directly support sustained buying interest in $XRP. As a result, selling pressure continues to dominate, and the asset’s downtrend remains in place.
XRP’s price approaches its lowest point in nearly two years, but the underlying ledger activity signals consistent network engagement and fundamental support.
Market observers widely agree that for a reversal to occur, elevated blockchain activity must translate into concrete demand that influences the market price. Until such a shift materializes, the current technical structure suggests sellers retain control over short-term momentum.





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