Analysis Crypto by Thebittimes.Com

After staging one of the strongest rallies of the current bull market, XRP is now showing signs of a slowdown, with on-chain data revealing a sharp 65% drop in daily active addresses.  From a peak of 63,389 active addresses on January 16, 2025, XRP’s active addresses have fallen drastically to just 22,859 as of April 3, marking a substantial contraction in activity. This collapse in network engagement follows a period of intense speculative interest between November 7, 2024, and mid-January 2025, when XRP surged over 485%.  XRP active addresses year-to-date. Source: CryptoQuant The bullish sentiment at the time was largely driven by investor hopes that a pro-crypto presidency could benefit Ripple and its ecosystem. During that window, daily active addresses spiked by over 432.6%. XRP’s retail-driven rally loses steam However, what followed was a classic example of short-term speculation outpacing sustainable demand. Realized capitalization jumped from $...

XRP price is in an enviably bullish position after Thursday's stomach-churning price action across the crypto complex. Despite a tick higher in core CPI inflation the market in risk assets initially fell sharply and then rallied. This defiance in the face of sticky inflation is highly significant, as it could mean that the head-fake bear rallies of recent times could have created the conditions for a definite breakout. Ripple’s XRP cross-border liquidity token could be said to be the best positioned crypto to benefit from renewed bottom-dipping buying interest. Although the price has run into resistance around the $0.50 level, market participants are increasingly optimistic that the signs coming out of the long-running court case point to the likelihood of a positive outcome. And even if Ripple doesn't win the case but ends up with a messy tie, a settlement that clears a way through the regulatory uncertainty holding back a re-rating of XRP would still be b...