$XRP
🚨 xrp Network Activity Drops 🚨
Furthermore, XRP’s 24-hour active address count also supports the bearish outlook. This metric tracks the number of unique wallet addresses involved in sending or receiving XRP within a given time frame.
When active addresses rise alongside price, it typically signals strong network engagement and a bullish trend.
However, this metric has dropped in line with the recent sell-offs of XRP whales, indicating weakening on-chain activity.
If this decline in network participation persists, XRP’s price could face additional downward pressure in the short term.
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