Investment
Features
FeesSafety
Academy
More
Pluang+

XRP network usage drops 77% in 24 hours, weakening price rebound momentum

Technical Signals
12 Apr 2026
Cointribune
View Source
Bearish
pluang ai news

XRP's network activity has sharply declined, with payment volume on the XRP Ledger falling 77% in just 24 hours to its lowest level in a week. This steep drop contrasts with the recent price rebound attempt, which quickly lost momentum and failed to sustain gains above the $1.35 resistance level. The divergence between falling network usage and unstable price movement raises concerns about the strength of XRP's recovery and could signal a potential bearish trend or deeper consolidation ahead. Investors should watch developments closely to see if XRP can regain momentum or faces further slowdown.

More News (XRP)

XRP Ledger hits 8M activated accounts as whale wallets buy 70M XRP amid growing tokenization and payment use.

XRP Ledger hits 8M activated accounts as whale wallets buy 70M XRP amid growing tokenization and payment use.

The XRP Ledger has surpassed 8 million activated accounts, signaling increased global adoption for sending and managing blockchain assets. This milestone coincides with whale wallets accumulating 70 million XRP in the past week, indicating strong dem...

Protocol Fundamentals
Bullish
4 hours ago
Traders favor Stellar (XLM) over XRP for a positive year-end return in 2026.

Traders favor Stellar (XLM) over XRP for a positive year-end return in 2026.

Traders on the Kalshi crypto prediction market show more confidence in Stellar (XLM) than XRP for finishing 2026 with positive returns. Currently, 36% of traders bet on XLM ending the year in the green, compared to 31% for XRP. Historically, XLM has ...

Market News
Bullish
4 hours ago
XRP breaks out after 150 days, targeting $1.24 amid bullish momentum and institutional interest.

XRP breaks out after 150 days, targeting $1.24 amid bullish momentum and institutional interest.

After more than 150 days of sideways trading, XRP has surged above a key resistance level, signaling a bullish breakout. Analysts highlight that this move ends over a year of consolidation and retracement, potentially setting the stage for a sustaine...

Technical Signals
Bullish
4 hours ago
Bitcoin's top call option price drops from $80K to $70K, signaling a lower ceiling for BTC's rise.

Bitcoin's top call option price drops from $80K to $70K, signaling a lower ceiling for BTC's rise.

Bitcoin's most popular call option strike price has shifted down from $80,000 to $70,000, indicating a lower expected price ceiling for the cryptocurrency. Open interest in the $70,000 call option now exceeds $1.6 billion, reflecting traders' bets th...

Market News
Neutral
4 hours ago
Bitcoin dips to $64K after hitting $65.5K high amid profit-taking and Middle East tensions.

Bitcoin dips to $64K after hitting $65.5K high amid profit-taking and Middle East tensions.

Bitcoin fell back to $64,000 after reaching a monthly peak of $65,500 due to profit-taking and geopolitical tensions from Iranian strikes on U.S. bases. Most altcoins also declined as bearish sentiment dominated the market, with XRP futures showing i...

Market News
Bearish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App