CryptoQuant: XRP daily transfer volume falls to 596.2M, below post-breakout baseline
- —Daily XRP transfer volume at 596.2M tokens, below post-breakout baseline
- —XRP trades at $1.50 versus $3.65 peak, less than half the high
- —Transfer volume still above the 2018–2023 range
- —Analyst says decline may be normal variation within a higher range
Why it matters: Falling on-chain activity could signal fading XRP momentum, but further confirmation is needed to distinguish cooling from structural norms.
Source: Bloomingbit