XRP (CRYPTO: XRP) remains stuck at $1.4 as new daily addresses crashed over 80% since December to 5,020. The Retail Exodus New daily XRP addresses fell while monthly active supply dropped 73% from 7.45 billion XRP to roughly 2 billion XRP per day, according to Glassnode.
XRP's waning price performance seems to have finally influenced the network's activity, which has seen a notable cooldown in the month of May. Just a few days into May, the network is struggling to attract new wallet addresses.
Ripple technology aligns with G20 targets for faster and cheaper global payments by 2027
Questions are being raised as to whether XRP Ledger and RLUSD could finally end SWIFT's biggest cross-border payment problem.
XRP's latest breakout attempt appears to be losing steam as bulls struggle to maintain price action above the key resistance zone near $1.45. The rejection has pushed XRP back toward an important support area despite ongoing bullish developments surrounding Ripple and the XRPL ecosystem.
Price moved higher on a late volume burst, with traders watching whether compression near $1.39-$1.40 finally resolves into a larger move.
XRP Ledger Foundation (XRPLF) officially completed the formation of its operational core, unveiling a team that will define the technical direction of XRPL in the coming years. Instead of bringing in outside top executives, the foundation placed its bet on code veterans and specialists with experience inside banking institutions.
XRP trading activity on Binance remains subdued as network growth sharply slows in 2025
Crypto pundit Vincent Van Code has explained what a $5 trillion Fed master account, which Ripple is eyeing, could mean for XRP. This comes as the Fed weighs rolling out skinny master accounts for crypto firms, which could also provide them access to the central bank's payment rails.
New XRP addresses hit multi-year lows, per Glassnode data, as the network shifts from "retail speculation" to institutional usage.
$XRP price might be falling under its $1.40 support, but a Swiss banking giant managing $7T in assets, has disclosed XRP exposure.
Bitcoin is trading around $80,000 as Middle East tensions escalate and ETFs reverse course with significant outflows, breaking five consecutive days of heavy inflows. Bitcoin ETFs saw $277.5 million in net outflows on Thursday, while Ethereum ETFs reported $103.5 million in net outflows.