XRP Price Surges Over 12% but Active User Numbers Decline
XRP has risen over 12% in the last month, reaching a value of $3.17 after a recent high of $3.22. However, it is currently experiencing a 1.2% decline.
The price surge followed the conclusion of the SEC lawsuit against Ripple on August 7, 2025, which eliminated legal uncertainties surrounding the asset.
XRP On-Chain Indicators Show Mixed Market Dynamics
- Daily active addresses on the XRP Ledger decreased by over 10% to approximately 24,701 post-resolution.
- The rally appears driven by existing holders rather than new market entrants.
- Binance and Upbit saw spikes in deposit addresses around the SEC ruling, indicating potential profit-taking or speculation.
- Withdrawals increased, suggesting some new participants are entering the market.
Liquidity Concentration and Market Outlook
- Binance's XRP holdings are increasing, while Upbit’s reserves are steadily rising, indicating growing Asian market support.
- OKX now holds minimal XRP, reflecting significant withdrawals.
- A decrease in active users suggests trading is concentrated among fewer traders.
- If exchange reserves build quickly, the likelihood of short-term corrections may increase due to profit-taking.
- Sustainability of XRP's price gains depends on attracting new market participants and reducing short-term selling pressure.
