$XRP

XRP: after a tumultuous rise — signs of cooling down?

After an impressive rally of XRP from November 7, 2024, to January 2025, when the token rose more than 485%, network activity began to decline sharply.

According to CryptoQuant, the number of daily active addresses dropped from a peak of 63,389 (January 16) to 22,859 (April 3) — a decrease of 65%.

The bullish momentum was largely associated with expectations from the pro-cryptocurrency administration in the U.S. Against this backdrop, XRP's realized market capitalization grew from $30.1 billion to $64.2 billion, of which nearly $30 billion was added in six months (Glassnode).

Interestingly, 62.8% of this market capitalization now belongs to new investors who entered at the peak of the rise. But...

Since the end of February, a cooling down has begun: the realized profit/loss ratio is decreasing, which may indicate loss realization. Against the backdrop of declining network activity, this increases the risk of panic selling.

Let's observe further — is XRP entering a phase of turbulence?