XRP Demand Falls 91.5% as Traders Eye $0.63 Support

Glassnode data shows XRP’s onchain activity has contracted sharply since its 2025 peak: the 90-day simple moving average of total fees paid on the network fell to 500 XRP from 5,900 XRP — a 91.5% drop — and the 90-day realized profit-to-loss ratio slid to 0.38 from 50.

The decline in fees, often used as a proxy for transaction demand, follows the speculative surge that pushed XRP above $3 in the first half of 2025. Exchange flows offer a different perspective on holder behavior. Crypto analyst Pelin Ay noted transfers larger than 1 million XRP to Binance have declined since the 2025 peak, while inflows from the 100,000–1 million and 1 million-plus cohorts have fallen by 15% and 20%, respectively, since October 2025.

Ay said the recent price weakness appears more tied to leverage-driven liquidations and risk-off sentiment than aggressive distribution by large holders.

xrp, glassnode, transaction fees, 90-day sma, realized profit, binance, exchange inflows, large transfers, liquidations, support $0.63