Ripple's (XRP) recent upward trend is gradually slowing down, with signs of institutional investor exodus and decreased network usage becoming increasingly apparent. Particularly noteworthy is the daily payment volume of XRP dropping below $1 billion (approximately 1.39 trillion won). Compared to the several trillion-won transactions recorded over the past three weeks, this represents a significant decline.
This reduction in network activity suggests more fundamental changes beyond mere numerical decline, including waning user interest, participation, and capital outflow. Of particular note is the sharp decrease in whale wallet activity coinciding with Ripple's payment volume decline. In fact, as large investor capital inflows have diminished, XRP's price has weakened from its previous high of $3.70 to the current level of $3.16.
Technical indicators also point to market fatigue. Trading volume continues to decrease, and the RSI remains in the overbought zone, making a strong rebound difficult. Without new demand influx, further adjustment cannot be ruled out.
Experts attribute XRP's weakness not to simple price correction but to a broader contraction in altcoin investment sentiment. While some competing assets like Ethereum (ETH) and Solana (SOL) still show clear demand, XRP is criticized for lacking definitive growth momentum in network fundamentals.
With overall cryptocurrency market trading volume declining, XRP is unlikely to sustain its recent rally unless it regains whale investors' attention. Currently excluded from the "billionaire club", XRP appears challenging to recover its upward trend without governance improvements and expanded real-world usage. Without significant changes, this XRP rally is likely to be recorded as a failed rebound.
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