According to external sources, XRP has been sorting around $1.15 for almost two weeks. Even though the market as a whole is cautious and part of the chain has continued to decline, prices have not significantly collapsed in this zone, indicating that the ability to buy a plate to carry the pressure still exists.

Declines on the chain appear at the same time as price falls.

The article mentions that over the past 60 days, there has been a steady decline in the number of XRP addresses from 100 to 1 million. Over the same period, the cumulative fall of XRP prices was close to 15 per cent. However, in the course of this fall, the XRP has remained in the vicinity of $1.15, which suggests that the market has not been rapidly unbalanced by sales.

Structurally, this performance usually means that the sale is being absorbed. It was also mentioned that a significant proportion of the more than 1 million XRP addresses held in warehouses may be long-term holders, so that the current chain changes are more concentrated in medium-sized addresses.

XRPL RWA funding flows remain ahead

According to the article, XRPL is not very active on the chain if it looks at only some of the DeFi indicators. However, the situation is not entirely weak when the flow of funds is seen together.

Over the past 90 days, XRP Ledger has recorded a net inflow of about $1.9 billion in real-world asset monetization, ranking ahead of the main chain of blocks being tracked. According to this article, XRPL is attracting new chain liquidity through the RWA direction, which also provides background support for the price resilience of the XRP.

  • XRPL Nearly 90 days RWA net inflows about $1.9 billion
  • The statistical caliber is the main public chain horizontal comparison
  • Financial inflows are considered to be part of the ecological relay

ETF re-inflowing

In addition to the funds on the chain, the article cites SoSoValue data, stating that over the past 60 days, a total of ETF products associated with Ripple recorded about $150 million in net inflows. The continued inflow of ETF funds is mutually confirmed by the growth of RWA in the chain.

According to the article, if the current trend of chain liquidity, RWA financial flows and ETF requisitions continues, the possibility of XRP being relatively stronger than the TT currency when the risk is up cannot be ruled out. However, this judgement is based on an improved external market environment.