XRP transaction demand falls 91.5% as traders focus on $0.65 support
XRP network fees and realized profitability have fallen sharply, pointing to weaker onchain demand. Traders are now watching the $1.00 to $0.65 zone for support.
Intelligence analysis by GPT-5.4 Mini
Glassnode data shows XRP activity and profitability have cooled from 2025 highs, with fees down 91.5% and realized profit-taking reversing into losses. That has shifted attention to the $1.00-$0.65 area, where traders see a possible accumulation zone and key technical support.
XRP’s activity has slowed a lot, like a busy store suddenly getting far fewer customers. Traders are now staring at a price area near $0.65 to see if buyers will step in there and stop the slide.
Analysis
Onchain demand has cooled
XRP’s onchain picture has weakened sharply since its 2025 peak. Glassnode says the 90-day simple moving average of total network fees dropped to about 500 XRP from 5,900 XRP in February, a decline of 91.5%. Because fees are often used as a rough proxy for transaction demand, the data suggests far less activity on the network than during the earlier speculative surge.
Profit-taking has flipped into loss-taking
The realized profit-to-loss ratio also moved from a profit-heavy phase into a more stressed one. Glassnode put the 90-day ratio at 0.38, meaning market participants are realizing $1 of losses for every $0.38 of profits. The article says that is very different from January and July 2025, when XRP traded near $3.40 and the same ratio reached 50, indicating that profit-taking dominated flows then. The current pattern is more consistent with capitulation than with healthy distribution.
Traders are watching $1.00 to $0.65
On the chart, the article highlights a fair value gap between roughly $0.63 and $1.00 that formed during XRP’s late-2024 rally. Price has already slipped below support near $1.40 and is moving back toward that area. Visible-range volume data also points to a higher-activity band around $0.50-$0.65, while the point of control sits near $0.52-$0.55. That makes the zone around $0.63-$0.65 a focal point for traders looking for accumulation.
Exchange data adds a small caveat: large-holder inflows to Binance have declined since XRP’s 2025 peak. Crypto analyst Pelin Ay said the current weakness looks more tied to leverage liquidations and risk-off behavior than to heavy selling by whales. Even so, the onchain and technical setup now centers on whether buyers show up in the $1.00-$0.65 region.
Key points
- 90-day XRP network fees fell 91.5% from 5,900 XRP in February to about 500 XRP.
- The 90-day realized profit-to-loss ratio dropped to 0.38, signaling more realized losses than profits.
- Traders are focusing on the $1.00-$0.65 area as a key technical zone.
- Large Binance inflows from major XRP holders have declined since the 2025 peak.
- The article frames the current weakness as more tied to liquidations and risk-off sentiment than whale distribution.
If the $1.00-$0.65 area attracts buyers, it could act as an accumulation zone and help stabilize XRP after the recent drop. The article also notes that large-holder exchange inflows have eased, which may reduce pressure from aggressive selling.
If demand keeps fading and the support zone fails, XRP could keep drifting toward the heavier-volume area around $0.50-$0.55. Continued leverage liquidations and a weak realized profit/loss profile would reinforce the capitulation tone rather than a quick recovery.
