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2025-08-30 14:33:27

XRP Hits New Negative Record. Is This Why Price Is Struggling?

The XRP Ledger (XRPL) has experienced a sharp decline in new wallet creation, reaching its lowest level in two months. This trend comes amid rapid growth, when address activity peaked with a suggested rising wave of adoption. The latest reversal, however, points to fading momentum among new participants, raising questions about whether XRP can maintain its current market position without fresh inflows of retail investors. Analyst Highlights Decline in Participation Steph Is Crypto (@Steph_iscrypto), a widely followed analyst on X, noted the shift in a recent post that included on-chain data from Glassnode. His chart showed that the number of new addresses surged above 8,500 in late July before steadily falling back below 5,000. Alongside this downturn, XRP’s price has also been under pressure, with the token sliding from recent highs and struggling to hold ground above the $3 range. The chart he shared illustrates how address creation, which had been closely aligned with price gains in mid-July when the asset reached an all-time high , decoupled as both metrics weakened in August. BREAKING: #XRP NEW ADDRESSES DROP TO 2-MONTH LOW. FRESH INVESTOR INTEREST IS DRYING UP. pic.twitter.com/tlNfCBV6RE — STEPH IS CRYPTO (@Steph_iscrypto) August 30, 2025 Correlation Between Addresses and Price On-chain data often serves as a proxy for gauging adoption and retail interest in a network. In this case, the decline in new XRP addresses is notable because it follows a peak in activity, even outpacing price growth . While July’s surge suggested renewed enthusiasm, the recent slowdown points to caution among new investors. Historically, periods of declining wallet creation have coincided with weaker price performance, as observed in the latest data, where both addresses and price retreated from their peaks. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The timing of the downturn is also significant. XRP’s price held steady in early August despite the sharp drop in address creation, but it has since struggled to regain momentum. This suggests that investor hesitation may now be weighing more heavily on the market, potentially limiting growth until new adoption trends re-emerge. Outlook for XRP Despite the current setbacks, many analysts maintain that XRP’s long-term trajectory remains favorable . Institutional use cases, ongoing developments in tokenization, and the broader role of the XRPL in financial infrastructure continue to support optimism. In the short term, the data points to a more cautious landscape. While fresh retail inflows are slowing down, the network’s underlying fundamentals remain intact, giving the asset potential to recover once market sentiment improves. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Hits New Negative Record. Is This Why Price Is Struggling? appeared first on Times Tabloid .

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