Billionaire's XRP Exit Signals Potential End to Bull Market?
In the world of cryptocurrencies, XRP is currently experiencing a decline in on-chain activity and daily payment volume. Here's a closer look at the factors driving this trend.
Institutional Shift Towards Off-Chain Transactions
Ripple’s XRP Ledger (XRPL) has seen a 30–40% drop in on-chain metrics like new wallet creation and transaction volume in early 2025, despite over 300 institutional partnerships. This is largely due to institutions preferring off-chain transactions, motivated by concerns related to regulatory compliance, privacy, and risk mitigation.
Market Dynamics and Profit-Taking
In mid-2025, the price of XRP dropped about 10–15% after a strong rally, triggered by profit-taking, whale wallet movements, and technical pullbacks. This market behavior has contributed to diminished speculative and transaction activity on the XRPL.
Limited On-Chain Adoption by Institutions
Ripple CTO David Schwartz has acknowledged the off-chain shift and explained that Ripple’s enterprise payment products operate under varied jurisdictions, but the XRPL blockchain itself remains decentralized and not US-controlled. However, concrete on-chain adoption by institutions remains limited, with low total value locked (TVL) in XRPL DeFi.
This decline in XRP's on-chain activity and daily payment volume could be a warning sign due to the drop in institutional engagement and overall user activity. XRP needs to re-attract network activity and liquidity at scale to prevent deeper retracements.
Other Notable Developments
- Gemini has added XRP and SHIB as collateral for derivatives trading.
- The volume of SHIB burned in one transaction has reached 600,700,153, with a key metric soaring 16,717%.
- The assets placed in the current cycle become more precarious if they are unable to sustain interest from high-volume traders.
- The volume of XRP payments reached about 986 million as of July 28.
- RSI indicators for XRP remain in overheated territory, suggesting that the parabolic run of XRP has slowed.
This pattern points to a possible case of price exhaustion for XRP. If new demand does not emerge, a more significant cooldown may be imminent for XRP, as it is currently outside the billionaire club, indicating that the rally may be coming to an early end unless something changes quickly.
[1] Ripple Insights: https://ripple.com/insights [2] CoinMarketCap: https://coinmarketcap.com/currencies/ripple/ [3] CoinDesk: https://www.coindesk.com/ripple/ [4] Messari: https://messari.io/asset/ripple/xrp
- In the realm of cryptocurrencies and trading, price prediction for XRP is a subject of interest as it is currently undergoing a decline in on-chain activity and daily payment volume.
- A contributing factor to this trend is the institutional shift towards off-chain transactions, influenced by concerns over regulatory compliance, privacy, and risk mitigation.
- However, the drop in XRP's on-chain activity and daily payment volume could be a warning sign, suggesting that the crypto needs to re-attract network activity and liquidity at scale to prevent deeper retracements.
- economic factors, like profit-taking and market dynamics, have also contributed to diminished speculative and transaction activity on the XRP Ledger (XRPL).
- Concurrently, other altcoins like Ethereum and Bitcoin, along with coins like SHIB, are experiencing significant events, such as new partnerships, increased burning of tokens, and modifications in trading volume, indicating market movements and potential investment opportunities in finance.
