The cryptocurrency market has witnessed significant shifts in XRP activity in 2026. According to data from Glassnodethe 90-day network fee average has plummeted by 91.5%while the realized profit-to-loss ratio has dropped to 0.38 from 50. These changes come as traders are closely monitoring the $1.00-$0.65 region.
This transformation in XRP‘s onchain metrics provides a window into the current state of the market. Understanding these shifts can offer valuable insights for both seasoned traders and newcomers alike.
XRP’s Onchain Metrics: A Shift in Market Dynamics
The 90-day simple moving average of total fees paid on the XRP network has fallen to just 500 XRP from 5,900 XRP in. This decline of 91.5% indicates a sharp slowdown in activity following the speculative surge that carried XRP above $3 in the first half of 2026.
Network fees are often used as a proxy for transaction demand. The drop in fees suggests a significant reduction in transaction volume and network usage. This trend is a stark contrast to the heightened activity seen during the peak of the market in early 2026.
Realized Profit-to-Loss Ratio: A Sign of Capitulation
XRP investor behavior has also shifted dramatically. The 90-day realized profit-to-loss ratio has fallen to 0.38meaning market participants are realizing $1 in losses for every $0.38 in profits. This is a significant reversal from the ratio of 50 observed in January and, when the XRP price peaked near $3.40.
During these peak periods, profit-taking dominated the onchain flows. However, the current balance has reversed, indicating that a larger share of onchain coins are being sold below their acquisition cost. This pattern is commonly seen during capitulation phaseswhere investors sell their holdings at a loss due to market pessimism.
Exchange Data: A Different Perspective on Holder Activity
Exchange data offers a different view of holder activity. Crypto analyst Pelin Ay noted that transfers of more than 1 million XRP to Binance have declined since XRP‘s 2026 peak. Historically, major corrections were preceded by sharp increases in both the 100,000–1 million XRP and 1 million-plus XRP inflow cohorts as large holders moved tokens to exchanges.
The current data shows a sustained decline in exchange-bound XRP from large holders, with inflows from the 100,000–1 million XRP and 1 million-plus XRP cohorts decreasing by 15% and 20%respectively, since. This decline suggests that the latest price weakness is more closely tied to leverage-driven liquidations and risk-off sentiment rather than aggressive distribution by large holders.
The $0.63 Support Level: A Key Area for Accumulation
XRP‘s weekly chart highlights a cluster of technical levels between $1.00 and $0.65. A large fair value gap spans roughly $0.63 to $1.00created during XRP‘s rapid rally in late 2026. The price has already started moving back toward that zone after losing support near $1.40.
The visible-range volume profile data shows relatively light trading activity below current levels until a high-volume node around $0.50–$0.65. The point of control, which marks the price area with the highest traded volume, sits near $0.52–$0.55. This same region aligns with XRP‘s five-year ascending trendline, projected to intersect near $0.60–$0.65 in the coming months.
Some traders are already treating the zone as an accumulation range. Trader Crypto Patel identified $1.00 to $0.60 as a preferred buying range, while market analyst Javon Marks maintained his long-term breakout target of $15–$18representing a 1,100% increase.
