XRP's Near-Term Price Rally Hopes Dashed by Glassnode Data

Glassnode's latest research on XRP has painted a gloomy picture for the cryptocurrency's short-term prospects. According to their data analysis, XRP is facing severe network activity decline and high levels of loss-making positions among holders.

The realized profit/loss ratio has dropped drastically, with an alarming 41.5% of XRP coins currently underwater. This trend is coupled with a significant plunge in daily transaction fees, which have decreased by over 90% since early 2025.

These indicators point to a large-scale user exodus and weak organic demand, leaving XRP structurally fragile. As a result, investors should not expect a quick price recovery under these conditions.