Altcoin News Daily Official TheBitTimes.com

XRP’s network activity has taken a major hit, with active addresses plunging alongside the asset’s inability to push further toward the $4 mark. Notably, the number of XRP’s active addresses peaked at 44,143 on July 21 on the weekly timeframe before dropping to just 24,644 by July 27, a 44.2% decline. The drop followed a brief surge from 30,190 on July 20, indicating that the increase in user activity was short-lived, according to the latest on-chain data retrieved by Finbold from CryptoQuant. At the same time, XRP’s price fell from $3.55 to $3.16, marking a 10.99% drop. XRP active addresses chart. Source: CryptoQuant The sharp decline in active addresses signals weakening demand and network usage, eroding XRP’s price support.  With the asset breaking below $3.50, sentiment has cooled, and capital is shifting back to Bitcoin, stalling the broader altcoin rally. XRP whale activity spooks investors  XRP’s recent loss of momentum has also been...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...