Ripple (XRP) is trading under pressure around $1.36 on Wednesday, as increasing sell-side momentum offsets a sharp rise in on-chain activity. Despite a notable surge in transactions on the XRP Ledger (XRPL), the token continues to edge lower amid weak retail interest and broader macroeconomic uncertainty fueling risk-off sentiment across the crypto market.
XRP Price Declines Amid Market Uncertainty
XRP has recorded significant losses in February, correcting approximately 19% month-to-date, 7% this week, and nearly 3% intraday at the time of writing. The ongoing pullback highlights persistent bearish pressure, with investors remaining cautious in the face of uncertain global economic conditions.
Unless XRP’s short-term technical structure stabilizes and gains support from consistent institutional demand, the downside risk may remain dominant. Key support levels to watch include:
- $1.12 – Recent support level from last Friday
- $1.25 – October 10 low
A break below these zones could accelerate further losses in the near term.
XRP Ledger On-Chain Activity Surges
While price action remains weak, on-chain data tells a different story.
According to CryptoQuant, the number of active addresses on the XRP Ledger nearly doubled, rising from approximately 17,000 on Sunday to 32,700 by Wednesday. This sharp increase signals heightened engagement with the XRPL network.
The spike in active addresses suggests:
- Growing user participation
- Increased transaction activity
- Renewed interest in the XRP ecosystem
Rising on-chain activity often reflects improving network fundamentals and strengthening holder confidence. However, the current data indicates that increased usage has not yet translated into upward price momentum.
Can On-Chain Growth Reverse XRP’s Downtrend?
The divergence between price weakness and rising on-chain transactions presents a mixed outlook for XRP. While network growth is typically considered a bullish signal, broader market sentiment and macroeconomic headwinds continue to weigh heavily on price performance.
XRP Price Prediction 2025 – 2030
For XRP to regain bullish momentum, sustained institutional interest and improved market confidence will be crucial. Until then, the path of least resistance appears tilted to the downside.
XRP Price Outlook
In the short term, XRP remains vulnerable to further corrections unless buyers step in at key support levels. Traders and investors should closely monitor:
- Support at $1.25 and $1.12
- Trends in active addresses on XRPL
- Overall crypto market sentiment
Despite the current sell-off, rising on-chain engagement could lay the foundation for a potential recovery if market conditions improve.
