Could Betting on XRP’s Past Gains Be Risky? Onchain Data Suggests a Different Story

Recent comparisons between the current XRP price action and the explosive gains of the 2017 bull run have raised optimism among some analysts. However, key insights from onchain data paint a different picture, indicating that a repeat of those historic surges may be unlikely. Long-term XRP holder conviction has shifted from euphoric belief to cautious doubt, signaling a decline in confidence. This contrasts with the 2017 rally where long-term holders remained optimistic even as prices soared. Market conditions in 2025 are significantly different from that of 2017, making a five-digit percentage gain unlikely.