XRP has demonstrated resilience, holding the critical $1 support level despite broader market volatility. This stability is underpinned by a significant 72% surge in active addresses over the past two weeks, indicating growing network engagement. Concurrently, XRP's open interest has plummeted to its lowest point since July 2023, signaling a substantial deleveraging event. This clearing of excessive leverage creates a healthier market structure, potentially setting the stage for a more sustainable price movement. Traders should monitor if this renewed network activity can translate into a decisive break above key resistance levels.
XRP's network activity surge and deleveraging event are crucial for institutional investors. Reduced leverage signals a healthier market, while increased utility could attract capital looking for fundamental growth. A sustained break above $1.05 would confirm renewed institutional interest.
This story highlights a market where fundamental network growth and deleveraging are creating a healthier environment for specific assets. It indicates that despite macro headwinds, pockets of organic demand and structural improvements are emerging, suggesting selective asset outperformance.
Active addresses jumped 72% in two weeks while open interest fell to its lowest level since July 2025, giving traders a cleaner setup even as price remains trapped below resistance.