Ripple\u2019s cross-border token has stagnated around $1.10 ever since it defended the $1.00 support a few weeks ago during the darkest hours of the overall market\u2019s crash.<\/p>\n
Worrisome on-chain data shows that the demand for the XRP Ledger has dwindled lately, but other factors are at play for Ripple and its token. The question now is whether a new rally is brewing.<\/p>\n
CryptoPotato <\/em>reported<\/a> that, after the first quarter of the year, network activity on Ripple\u2019s XRP Ledger had rocketed throughout the period despite the painful price performance of the native token. Messari\u2019s report at the time indicated that there were still strong network fundamentals, including stablecoin adoption, real-world tokenization, and transaction activity, which were all showing solid increases.<\/p>\n However, more recent data from Santiment Intelligence shows a major shift. XRP Ledger activity has \u201cgone unusually quiet\u201d in recent weeks, while the token\u2019s price fails to break out of the $1.05-$1.15 range.<\/p>\n The network registered only 25,350 wallets, which became the second-lowest day of the year. New wallet creation dropped to 2,130, the lowest level in almost two years.<\/p>\n \u201cAfter late-June dip-buying excitement, this looks like traders are waiting for a real catalyst instead of chasing another small bounce,\u201d said<\/a> Santiment.<\/p>\n Nevertheless, the company remains optimistic about XRP\u2019s future due to other ecosystem factors. It added that XRP still has several \u201cpotential sparks beyond\u201d price alone, such as RLUSD\u2019s growth, tokenized-asset activity, and institutional payment use cases. All of these, combined with possible lending tools, could \u201cbring users back on-chain if momentum improves.\u201d<\/p>\n Meanwhile, popular crypto analyst and long-term XRP bull, EGRAG CRYPTO, weighed in on the asset\u2019s short-term potential, explaining that it is currently trading inside what has historically been one of its most important accumulation zones. It stretches between $0.85 and $1.20.<\/p>\n EGRAG argued that this range has repeatedly acted as macro support during previous market cycles, but still believes that a dip to $0.85 is in the cards. Nevertheless, even if XRP drops to that level, which would be a new multi-year low, the analyst expects it to bounce and keep the broader bottoming structure intact.<\/p>\n On the other hand, EGRAG added that the first major resistance in XRP\u2019s path forward is at $1.65. If broken, the token can head toward $3.00-$3.50. The ultimate goal, according to this analysis, would be $15, described as \u201cthe full cycle expansion target,\u201d but it sounds rather far-fetched at the moment.<\/p>\n #XRP<\/a> \u2013 BENT FORK \u2013 $15 (Accumulation Band):<\/p>\n Right now, $XRP<\/a> is sitting near the historical accumulation band around:<\/p>\n $0.85\u2013$1.20<\/p>\n This zone has acted as macro support in previous cycles.<\/p>\n Can $XRP<\/a> wick lower toward $0.85? Yes.<\/p>\n But as long as this band holds, the macro\u2026 pic.twitter.com\/LQ6mMPdcUb<\/a><\/p>\n \u2014 EGRAG CRYPTO (@egragcrypto) July 10, 2026<\/a><\/p>\n\n The post XRP Stalls at $1.10: Could Quiet On-Chain Activity Be the Calm Before a Bigger Move?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ripple\u2019s cross-border token has stagnated around $1.10 ever since it defended the $1.00 support a few weeks ago during the darkest hours of the overall market\u2019s crash. Worrisome on-chain data shows that the demand for the XRP Ledger has dwindled lately, but other factors are at play for Ripple and its token. The question now […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-196237","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/196237"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=196237"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/196237\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=196237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=196237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=196237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Key Macro Support Zone<\/h2>\n