- XRP active addresses dropped by 7,500 within a single week
- Network participation declined despite XRP posting a short-term price bounce
- Technical indicators aligned with reduced on-chain activity levels
XRP activity drew attention after fresh data showed a notable decline in network participation over a short period. The development emerged as market participants monitored on-chain signals following a recent price rebound. According to analyst Ali Martinez, the number of active XRP addresses declined by 7,500 within one week. The figure dropped from 46,000 to 38,500, reflecting reduced interaction across the XRP Ledger.
Active address data is commonly used to track how many unique wallets engage in transactions. A decrease in this metric indicates lower on-chain activity during the observed period. During the same timeframe, XRP recorded a price bounce of around 10%. However, network participation did not increase alongside the price movement.
Technical indicators also highlighted changes in market conditions. According to Martinez, the TD Sequential indicator signaled a potential local top on the 4-hour XRP chart. The TD Sequential tool is designed to identify short-term trend exhaustion points. Such signals often appear after rapid price movements.
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On-Chain Activity and Technical Signals Converge
Notably, the decline in active addresses occurred while XRP traded near the $1.92 level. This price range coincided with slower price expansion following the rebound. Additionally, recent 4-hour candlestick data showed reduced volatility compared to earlier sessions. Narrower trading ranges typically reflect slower momentum.
Moreover, fewer active addresses suggest a lower number of participants executing transactions at current levels. This development aligns with the timing of the TD Sequential signal. However, the available data does not indicate structural changes to the XRP network itself.
The figures strictly reflect short-term activity trends during the observed period. Market data providers frequently monitor such alignments between on-chain metrics and chart indicators. These metrics are often used to track shifts in short-term trading conditions.
Current Market Context
The combination of declining active addresses and a TD Sequential signal highlights a pause in recent momentum. The data reflect conditions observed after a short-term price advance. Consequently, attention remains on whether active address figures stabilize or change in the coming sessions.
Network participation trends often influence short-term market behavior. Meanwhile, XRP continues trading within a defined price range following the recent rebound. The reduction of 7,500 active XRP addresses in one week has placed focus on short-term network engagement. Further data updates may provide additional clarity on participation trends moving forward.
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