XRP User Activity Plummets 90% – Signaling Market Uncertainty

Recent data reveals a concerning trend for XRP, as payment volume has dropped by nearly 90%, indicating a significant decline in user engagement and network utilization. This alarming statistic coincides with the asset’s struggles on price charts, which have fallen below the psychological $2 level and currently hover around $1.17. Despite temporary upward movements, buyers haven’t shown enough conviction to push beyond the downward trend channel that has dominated XRP since late 2024, further highlighting its weakness.