XRP has fallen by 5.4% in the last 24 hours, and more than 10.3% in the last week, moving in sync with the overall market correction. Whale outflows and short-term selling pressure have taken a toll, but something is changing.
With 6,500 pharmacies in the United States now accepting XRP for compliant payments through Wellgistics, utility is receiving a boost in the real world. And even before that news becomes fully effective, key on-chain metrics and charts are showing a message: the XRP trend is not yet broken.
On August 17, the supply of XRP in profit stood at 93.53%, the lowest in almost two weeks. To put it in context, just ten days earlier, on August 7, the same metric had peaked at 98.26%.
That's a clear drop of almost five percentage points, and typically indicates that fewer holders are registering large unrealized gains.
