XRP Breaks $3 Barrier: Is This a Market Top Signal?

Recent price surges for XRP have pushed nearly all of its circulating supply into profit, but this rapid ascent also raises questions about sustainability. Data from Glassnode suggests that 93.92% of XRP holders are currently profiting from the impressive gains, with the cryptocurrency exceeding $4 before hitting a peak of $3.11. This strong rally is raising concerns about whether XRP will reach a sustainable level. Historical patterns offer a warning sign. Previous surges in profitability have historically been followed by sharp price corrections.