# Network Activity Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Network Activity", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

XRP price prediction: Are sidelined traders refusing to chase shallow bounces?

XRP's network activity has hit unusually low levels, with daily active addresses and network growth at significant lows for 2026 and since late 2024, respectively. This suggests sidelined traders are waiting for a substantial price move rather than chasing shallow bounces. Spot volume trends confirm muted buying pressure, with the spot Cumulative Volume Delta (CVD) in neutral territory and in decline since March. While XRP is flowing out of exchanges into accumulation, these outflows are less pronounced than in 2025. Despite a major price correction, bearish sentiment remains strong, as evidenced by sustained negative aggregate funding rates throughout 2026. This extreme bearish consensus could paradoxically signal a potential medium-term bullish reversal, similar to a pattern observed before a significant rally in April 2025. However, a major shift in spot volume is necessary for any sustained price recovery.

ambcrypto07/12 01:07

XRP price prediction: Are sidelined traders refusing to chase shallow bounces?

ambcrypto07/12 01:07

Solana: How memecoins are driving the ‘SOL cycle’ narrative in H2

The article discusses the growing narrative of a "Solana cycle" in the second half of the year, driven by a surge in bullish sentiment around SOL. While a predicted $1,000 price target is seen as a technical stretch, on-chain data supports optimism: the network added over 1.6 million new addresses in two weeks and saw significant SOL withdrawn from exchanges, reducing sell-side pressure. A key driver is Solana's divergence from the broader memecoin market downturn. As the overall memecoin sector weakens, activity on Solana-based memecoins like BONK is rising, with platforms like Pump.fun leading in DEX volume. This sustained, sector-specific demand and network growth bolster the "Solana cycle" thesis, making SOL a key altcoin to watch despite its current price being below $100.

ambcrypto07/06 14:02

Solana: How memecoins are driving the ‘SOL cycle’ narrative in H2

ambcrypto07/06 14:02

XRP Active Addresses Jump 72% As Leverage Clears From Derivatives Market

XRP daily active addresses have surged by approximately 72% over a two-week period, coinciding with a cooling of speculative leverage in the derivatives market. This combination suggests market activity may be shifting away from crowded leveraged bets and towards more fundamental on-chain network usage, potentially offering a cleaner signal for traders. While the increase in active addresses can indicate growing user interaction or renewed interest, analysts caution it does not automatically translate to sustained buying pressure, as such spikes can also include non-organic activity. The key development is that the address growth occurred alongside reduced leverage, which may indicate a healthier, less frothy market. The sustainability of this trend remains uncertain, and the market will watch to see if elevated address activity leads to increased transaction volume and spot demand without a resurgence of unstable leverage. The current setup is viewed as constructive but not conclusive for an XRP price breakout.

bitcoinist06/30 23:22

XRP Active Addresses Jump 72% As Leverage Clears From Derivatives Market

bitcoinist06/30 23:22

Chainlink Adds 6,100 Wallets In Two Days In Strongest Growth Burst Of 2026

Chainlink experienced its strongest wallet growth burst of 2026, adding approximately 6,100 new addresses in just two days. This notable increase in network participation occurred despite LINK's price trading in a difficult market environment alongside other altcoins. The surge in new wallets is seen as a positive signal for user and investor interest, suggesting the ecosystem continues to attract attention even when price action is weak. Wallet growth is considered a useful metric as it measures real participation rather than just price speculation. For an infrastructure project like Chainlink, whose value is tied to oracle services, data, and real-world assets, such growth indicates ongoing engagement with its core technology. However, the article notes that this data point, while constructive, is not conclusive on its own. The nature of the new wallets—whether they belong to small holders, new users, or exchange-related entities—remains unclear. The report maintains a balanced perspective, stating that while this wallet growth is a positive adoption signal for LINK bulls, it does not guarantee a price increase. Skeptics may question whether this user growth translates into value capture for the token. The key takeaway is that this burst of activity should be monitored alongside other factors like transaction volume, price structure, and broader market trends for a more complete picture. The signal requires follow-through in price and demand to be fully validated.

bitcoinist06/30 17:21

Chainlink Adds 6,100 Wallets In Two Days In Strongest Growth Burst Of 2026

bitcoinist06/30 17:21

Why Sonic’s 558% volume spike could be more than a relief rally

Sonic's token (S) surged 18% in 24 hours, with daily trading volume exploding 558% to around $60 million, signaling revived interest. This follows a 12% price drop on June 26th triggered by executive resignations. New CEO Matt Visser announced initiatives including the suspension of planned annual token inflation, which bolstered investor confidence. Consequently, key on-chain metrics saw significant growth: Unique Addresses reached a new all-time high of 7.20 million, and Daily Transactions jumped over 17% to 216K. Technically, the price is approaching a key descending trendline resistance. A breakout could shift the market structure, but current selling pressure suggests the uptrend's sustainability in the short term hinges on breaching this level.

ambcrypto06/29 01:02

Why Sonic’s 558% volume spike could be more than a relief rally

ambcrypto06/29 01:02

XRP Ledger Daily Fees Drop Below $400 As Network Activity Question Returns

The XRP Ledger is drawing attention as daily network fees have fallen below $400. While low fees align with XRPL's design for affordable transactions and are often seen as a strength, the metric can also serve as an indicator of network demand and paid transaction volume. This data point of around $3,100 in weekly fee burn highlights the stark contrast with higher-fee chains like Ethereum and Bitcoin. The development fuels an ongoing debate. Proponents view low fees as a sign of efficiency and accessibility, while critics may question if the network is generating sufficient high-value activity relative to its market cap and payments-focused narrative. The article cautions against overstating the finding, noting a single low-fee day does not signify network failure. It instead adds context to discussions about XRPL's usage, especially alongside Ripple's broader initiatives in stablecoins (RLUSD), AI payments, and enterprise infrastructure. The report recommends monitoring for a fee rebound, checking transaction counts for a fuller picture, and confirming the trend via native explorers like Bithomp. It frames the story within a larger market shift where on-chain data, protocol updates, and infrastructure developments are becoming crucial alongside price action. The editorial stance is to present the verified data, explain its significance for assessing network activity, and avoid hype, positioning it as part of the daily crypto conversation.

bitcoinist06/14 19:32

XRP Ledger Daily Fees Drop Below $400 As Network Activity Question Returns

bitcoinist06/14 19:32

Will RIVER crypto drop to $7.72 next as short leverage rises?

RIVER crypto has dropped 17% in the past 24 hours, invalidating a potential bullish cup-and-handle pattern and continuing its decline in line with a head-and-shoulders formation. The price is now targeting the $7.72 support level, a zone previously defended by bulls. Key factors driving the downturn include a significant rise in Open Interest—indicating increased short positioning—along with negative funding rates and dominant long liquidations, which have intensified selling pressure. Additionally, weak network activity, with declining transaction counts and transfer volumes, has further contributed to the bearish momentum. A pause at $7.72 could potentially allow for a rebound toward $20.

ambcrypto03/10 16:31

Will RIVER crypto drop to $7.72 next as short leverage rises?

ambcrypto03/10 16:31

XRP nears $1.40 as SOPR signals capitulation: Is recovery ahead?

Ripple (XRP) is approaching $1.40 amid increasing selling pressure, as indicated by the Spent Output Profit Ratio (SOPR) falling to 0.96, signaling that investors are realizing losses. This suggests a phase of capitulation, where weaker holders are exiting at a loss. Despite the negative market conditions, the XRP Ledger (XRPL) maintains strong underlying activity, with 1.8–2.5 million daily payments and stable transaction throughput. Active addresses remain steady between 35,000–40,000, indicating consistent user engagement. The current market structure resembles the 2021–2022 cycle, where capitulation and sustained network usage eventually preceded a significant price recovery. A reclaim of SOPR above 1.0 could signal the beginning of market stabilization and a gradual rebound.

ambcrypto03/06 16:02

XRP nears $1.40 as SOPR signals capitulation: Is recovery ahead?

ambcrypto03/06 16:02

Bitcoin On-Chain Users Evaporate by 30%, ETFs Bleed $4.5 Billion: Where Is It Headed in the Next 3 Months?

Bitcoin's on-chain activity shows a concerning six-month decline in active addresses, dropping approximately 31% since August 2025 to around 536,000, while transaction counts remain stable. This divergence suggests reduced participation breadth despite sustained network throughput, indicating concentration among fewer entities like institutions and exchanges. Low transaction fees (averaging $0.24) reflect weak block space demand, contrasting with Bitcoin’s role as a macro-sensitive asset traded largely via ETFs and derivatives. U.S. Bitcoin ETFs have seen significant outflows ($45 billion year-to-date), shifting activity off-chain. Three scenarios emerge: continued stagnation in a risk-averse macro climate; recovery if ETF flows reverse and active addresses rebound; or structural evolution where Bitcoin becomes a settlement layer with reduced retail participation, while stablecoins dominate daily crypto transactions.

marsbit02/24 03:42

Bitcoin On-Chain Users Evaporate by 30%, ETFs Bleed $4.5 Billion: Where Is It Headed in the Next 3 Months?

marsbit02/24 03:42

XPL tests $0.08 demand as bears press hard: Reversal ahead?

XPL's price has dropped over 12% in 24 hours, approaching a key demand zone at $0.08. Despite a 38% surge in daily trading volume, bearish pressure remains strong, as indicated by negative Bull Bear Power and increased selling activity. The Open Interest-Weighted Funding Rate has turned sharply negative to -0.0437%, reflecting extreme pessimism among futures investors and heightened short positioning. Network activity has declined significantly over two weeks, though daily transactions saw a slight uptick. A break below $0.08 could establish a new low for XPL, with current market conditions making a bullish reversal challenging.

ambcrypto02/23 20:01

XPL tests $0.08 demand as bears press hard: Reversal ahead?