XRP Ledger Activity Drops by Almost Half in a Week
Date: 2025-07-28 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
At its peak on July 21, the number of active XRP addresses on the weekly timeframe reached 44,143, but by July 27, this figure had fallen to 24,644, a decrease of almost 45%. This drop followed a short-term rise in the XRP price to $30.90 per token on July 20, which, according to CryptoQuant experts, indicates temporary user activity. During the same period, the XRP rate fell from $3.55 to $3.16, a loss of almost 11%.
The fall in price below $3.50 caused a cooling of interest from crypto market participants, who began to redistribute capital in favor of Bitcoin. This redistribution slowed the growth of altcoins, including XRP. One of the reasons for the decline in activity was the significant volume of token movements by large holders — whales. For example, Ripple co-founder Chris Larsen transferred about 50 million XRP worth about $161 million to exchange wallets, most of which were sent to centralized platforms. Another 10 million XRP were distributed between two wallets that soon became inactive, which caused rumors of profit-taking.
CryptoQuant analyst J. A. Maartunn noted that Larsen still owns more than 2.5 billion XRP, valued at almost $9 billion, which could lead to further sales and additional pressure on the token price.
Thus, the decrease in activity in the XRP network and the actions of large holders had a significant impact on the dynamics of the cryptocurrency price, preventing its growth and maintaining market instability in the short term.
