• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

XRP News: Institutional Adoption Accelerates, Network Activity At Lowest

May 10, 2026
in Crypto News
Reading Time: 3min read
0 0
A A
0
Bitcoin Price Prediction: Florida’s Crypto Bill and $198B U.S. Surplus Boost Market Outlook
0
SHARES
5
VIEWS
ShareShareShareShareShare

XRP is trading in the $1.40 range, as on-chain data paints a picture that looks worse than the news headlines are saying. New daily addresses on the XRP Ledger have collapsed by over 80% from 18,000 in December 2024 to just 2,700. Yet institutions are quietly settling tokenized assets on public blockchains in real time.

. @Ripple network activity continues slowing down!

New wallet creation dropped from 18,000 per day in December 2024 to around 2,700 today.

Active $XRP supply also declined sharply during the same period. pic.twitter.com/hkOGsMmUXL

— CryptoBusy (@CryptoBusy) May 8, 2026

According to Glassnode data, monthly active supply dropped more than 70% from 7.45 billion XRP to roughly 2 billion XRP. Exchange reserves simultaneously hit historic lows at 12.9 billion XRP, suggesting holders are moving coins to self-custody and not to sell.

Whales have also accumulated 110 million tokens through March, even as retail participation faded. “The network is shifting from retail speculation only to institutional rails,” RedStone co-founder Marcin Kazmierczak notes. “That transition rarely looks pretty in the address chart.”

With institutional XRP interest accelerating, the market is sending mixed signals.

Discover: The best crypto to diversify your portfolio with

Can XRP Price Recover to $1.50 With Institutional News?

XRP stabilized between $1.38 and $1.42 over the past 48 hours after a bounce from $1.38 to a high of $1.45. The volume surge is the only genuinely bullish data point on the board right now. Everything else is neutral-to-soft.

RSI, MACD, Stochastic, and CCI are all sitting at neutral readings. Analysts note that “thin participation means rebounds lack follow-through,” which is precisely the problem when network payments risk falling below the 500 million threshold that has historically anchored baseline demand.

xrp logo

Xrp (XRP)
24h7d30d1yAll time

Right now, resistance still sits at $1.45; XRP has been grinding against that top without a clean break.

The volume spike is encouraging, but sustained spot demand is what confirms institutional accumulation is absorbing sell pressure.

Discover: The best pre-launch token sales

Bitcoin Hyper Presale With More Upside Potential

XRP’s current setup offers limited asymmetric upside at a $80B+ market cap. For XRP, a clean double requires institutional inflows at scale that may take years, not weeks. Traders hunting for higher-beta exposure are rotating attention toward earlier-stage infrastructure plays where the entry price hasn’t already priced in the thesis.

Bitcoin Hyper ($HYPER) is positioning as the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, delivering sub-second finality and low-cost smart contract execution on top of Bitcoin’s security layer.

The project targets Bitcoin’s core bottlenecks directly: slow transactions, high fees, and zero programmability. Its Decentralized Canonical Bridge enables seamless BTC transfers into the fast-execution environment without sacrificing custody trust.

The presale has raised more than $32.6 million at a current price of just a mere $0.0136, with staking rewards already live for early participants. The presale momentum has been building steadily as Bitcoin infrastructure narratives gain traction.

Research Bitcoin Hyper before the presale phase concludes.

The post XRP News: Institutional Adoption Accelerates, Network Activity At Lowest appeared first on Cryptonews.


Credit: Source link

ShareTweetSendPinShare
Previous Post

Is The Altseason Upon Us Again?

Next Post

Michael Saylor Signals New Bitcoin Buy Amid Treasury Strategy Shift

Next Post
Bitcoin Addresses Holding Between 100 and 10,000 BTC Hit a 7-Week High

Michael Saylor Signals New Bitcoin Buy Amid Treasury Strategy Shift

You might also like

KOSPI Shock Sends Fresh Warning Across Bitcoin And Risk Asse

KOSPI Shock Sends Fresh Warning Across Bitcoin And Risk Asse

June 23, 2026
Multicoin Predicts 400% Upside for Hyperliquid’s HYPE Token

Multicoin Predicts 400% Upside for Hyperliquid’s HYPE Token

June 26, 2026
Sam Altman ChatGPT AI Predicts Stunning Bitcoin Price By End Of 2026

Sam Altman ChatGPT AI Predicts Stunning Bitcoin Price By End Of 2026

June 20, 2026
DeFi TVL Drops 39% In 2026 As Leverage And Yields Cool

DeFi TVL Drops 39% In 2026 As Leverage And Yields Cool

June 25, 2026
Bank of England Softens Stablecoin Rules With £40 Billion Issuer Cap

Bank of England Softens Stablecoin Rules With £40 Billion Issuer Cap

June 22, 2026
Bitcoin Price Prediction: Analyst Flags $54K as Bear Flag Forms

Bitcoin Price Prediction: Analyst Flags $54K as Bear Flag Forms

June 22, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Fed Likely Holds Rate as Market Bets Persist on July Decision

Trump attacks ex-NSA aide after plea as Polymarket puts Starmer exit at 91.5%

June 27, 2026
Zelensky sets NATO agenda as Polymarket puts Crimea recapture odds at 12.5%

Zelensky sets NATO agenda as Polymarket puts Crimea recapture odds at 12.5%

June 27, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.