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Glassnode Glassnode @glassnode · 44.2K subscribers
Post #1652 7.73K
New addresses appearing on the XRP network have collapsed from 18k/day in Dec 2024 to 2.7k/day today, an 85% decline.
Monthly active supply tells a similar story, dropping from 7.45B XRP/day to ~2B XRP/day over the same period.
The speculative wave that drove XRP's late-2024 surge has largely unwound at the network level.

📉http://glassno.de/4u8BDBW
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