After Monday’s rally, XRP faced a problem, with active addresses down 40%
Active XRP addresses are down more than 40% in four days. XRP price remains stuck in the middle of a tight trading range. Retail owners have grown, but overall network activity is declining.
XRP has reached tight and uncertain levels after US President Donald Trump announced that the US would end its attacks on energy and power plants in Iran after a 48-hour deadline to open the Strait of Hormuz expired.
PRESIDENT TRUMP: 🇺🇸🇮🇷 We had a very good and productive discussion about a comprehensive and comprehensive resolution of the war in the Middle East.
Military strike extended for 5 days. pic.twitter.com/wiZh9F1H5p
— Donald J. Trump TruthSocial (@TruthTrumpPost) posted March 23, 2026.
In the wake of Trump's announcement, prices initially appeared to be fading as the market struggled to find direction.
At the time of writing, XRP is trading at $1.43.
The price moved in a narrow range between $1.36 and $1.46, after a week when XRP slipped by about 5%, reflecting the hesitancy among traders, extending its broad downward trend over the past year.
While the recent rally has given traders hope, the follow-through has been weak.
XRP Ledger activity will slow down significantly
One of the most notable developments is the massive decline in XRP Ledger (XRPL) network activity.
In particular, active XRP addresses fell by more than 40% in just a few days, according to data obtained by CryptoQuant.
This drop indicates a slowdown in user engagement, which often indicates a short-term decline in demand.
Fewer active participants often translate into lower transaction volume and poorer momentum.
This decline contrasts with the early optimism surrounding XRP's growing wallet holdings.
While many people may be holding XRP, few are actively using it.
This difference between ownership and activity suggests that investors are choosing to wait rather than act.
Such behavior is common in uncertain market conditions.
Retail growth continued despite the slowdown.
As activity slows down, the number of small XRP holders continues to grow steadily.
This trend indicates an increase in retail demand for the property.
Despite mixed short-term sentiment, the rise of smallholders often reflects long-term confidence.
It also suggests that XRP is being widely distributed instead of being concentrated in a few large hands.
However, the growth of ownership alone does not guarantee the growth of prices.
Price movements may remain limited without strong net activity to support it.
This situation seems to be what XRP is facing right now.
XRP price overview
XRP's current price movements reflect a market between opposing forces.
On the one hand, there is optimism driven by widespread adoption and past support trials.
On the other hand, there is clear evidence that participation is weakening and the momentum is fading.
The asset remains below its previous high, indicating that the recovery is still not complete.
Short-term price action suggests consolidation rather than decisive action in either direction.
At the same time, the resistance between $1.54 and $1.60 continues to limit the upward movement, which creates a tight trade that traders will be watching closely.
