📉 XRP On-Chain Activity Signals Weak Momentum
🧨 On-chain metrics flash bearish divergence:
🔻 New address creation has dropped by ~80% since January
🔻 Daily active wallets collapsed from 577K ➡️ just 34K
📉 Network expansion is stalling, indicating a slowdown in organic demand
📊 Even though $XRP holds around $2, fundamentals are not aligning with price — a potential sign of fragile market structure.
💭 Will the network recover, or is this the calm before another leg down?
🔍 Track on-chain data closely — it often leads the price.
#XRP #OnChainData #CryptoAnalysis #MarketInsight