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XRP Ledger active users drop 70% in 24 hours, signaling possible market normalization, not bearish trend.

Protocol Fundamentals
08 Jun 2026
UToday
View Source
Neutral
pluang ai news

The XRP Ledger saw a sharp 70% decline in active users within 24 hours, falling from nearly 20,000 to about 7,800 accounts. While such a drop might initially suggest waning interest, it likely reflects a return to normal activity after a period of speculative spikes and temporary network events. Despite XRP's price falling below key support levels amid broader market weakness, this user decline may indicate healthier, more sustainable network usage rather than a fundamental problem. Investors should watch if active accounts stabilize, which would confirm the drop as a normalization rather than a bearish signal.

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