XRP transaction demand falls 91.5%: $0.65 support focus
Glassnode data shows XRP transaction demand falls 91.5% as network fees and profitability hit record lows. The 90-day network fee average dropped to about 500 XRP from 5,900 XRP in February. XRP transaction demand falls 91.5% highlights a sharp post-2025 surge cooldown.
Profitability also deteriorated. XRP’s 90-day realized profit-to-loss ratio fell to 0.38 from 50, meaning on-chain participants are realizing losses more often than gains (a capitulation-style shift rather than pure profit-taking).
Exchange-flow signals add to the cautious tone. Analyst Pelin Ay (citing CryptoQuant) said transfers of 1M+ XRP to Binance have declined since the 2025 peak. Inflow cohorts of 100k–1M XRP and 1M+ XRP to exchanges fell about 15% and 20% since October 2025, suggesting current weakness is more linked to leverage-driven liquidations and risk-off sentiment than aggressive large-holder dumping.
Technically, traders are watching a stacked demand zone between $1.00 and $0.65. A fair value gap from roughly $0.63–$1.00 and a high-volume node near $0.50–$0.65 support the thesis that $0.63 may act as an accumulation area. Some traders cite $1.00–$0.60 as a buy range, while Javon Marks keeps a long-term breakout target of $15–$18.
Bearish
The article’s core signal is demand/profitability deterioration: XRP transaction demand falls 91.5% alongside a collapse in realized profit-to-loss to 0.38. Historically, when network fees contract and on-chain P/L flips toward losses, downside pressure tends to persist until a sustained bid returns—often first seen near major technical demand zones.
Still, the piece identifies a potential near-term stabilizer: the $0.63–$0.65 area (fair value gap end + high-volume node + trendline projection). This can attract dip-buying and reduce volatility, but it does not negate the bearish macro-on-chain backdrop. Short-term, traders may position for liquidation-driven swings and treat $0.65 as a key pivot. Long-term, if activity and profitability metrics recover, the market could transition from capitulation to trend-building; the cited $15–$18 target implies that scenario, but it likely depends on fees and realized P/L improving, not just price hovering above support.