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XRP network fees drop 91.5%, signaling sharp decline in transaction demand despite price gains

Protocol Fundamentals
09 Jun 2026
Bitcoin
View Source
Bearish
pluang ai news

XRP's 90-day average network fees have collapsed by 91.5%, indicating a significant drop in real transaction demand despite earlier price strength. Data from Glassnode shows that the decline reflects a near-total contraction in organic network activity since the speculative peak in early 2025. This suggests that the recent price surge was driven more by speculation than sustained usage. Earlier data also pointed to rising profit-taking and weakening holder profitability, raising concerns about the long-term health of XRP's network demand.

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