XRP Profitability Plummets Amid Price Surge, Raising Concerns About Market Stability

Despite recent price increases for XRP, a new analysis reveals that the cryptocurrency’s profitability has hit a record low. This decline in profit-taking has raised concerns about market stability and investor sentiment. 58.5% of XRP supply is currently in profit – the lowest level since November 2024 – according to on-chain data from Glassnode. However, this significant dip despite high trading prices suggests a top-heavy market structure with potential implications for investors.