Market Retreats from XRP, Yet Price Holds Firm—What’s Next

• XRP trades at $2.09, down 18.41% this month but still above key support levels.
• Active addresses fell 80% since December; futures open interest is down nearly 70%.
• Ripple’s coin exchange reserves hit lows last seen in July 2023, hinting at long-term investor confidence.

XRP maintains resilience despite weakening activity across both on-chain and derivatives markets. Once reaching peaks above $3.40 in early 2025, it now trades at $2.09, reflecting an 18.41% decline over the past month. Nevertheless, the price has not witnessed a full breakdown, even as investor engagement continues to shrink and broader market momentum cools.

According to data shared by CryptoQuant contributor EgyHash, activity on the XRP Ledger has experienced a sharp contraction. Active addresses have dropped nearly 80% since December. Meanwhile, interest in XRP futures has mirrored this downtrend, with open interest decreasing approximately 70% from previous highs.