XRP Price Flashes a Hidden Warning Sign as Network Activity Crashes – Analyst Weighs In

As we reported on Friday, the XRP price stayed mostly flat this week. In fact, the whole Ripple community was more silent than usual. However, Ali Martinez just shared a potentially worrying sign for XRP holders via X.

The XRP price has stayed mostly flat this week, with the token trading in a limited range of $2.00 to $2.10 throughout the period. This follows a steeper decline from $2.45 to $2.05 over the past month, which saw broader market interest wane.

However, while price movement has been modest, one indicator is flashing a potentially worrying sign for XRP holders. As shared by Ali Martinez, there has been a striking decline in new XRP addresses over the past month.

Between March 16 and April 17, the number of new addresses created daily has fallen dramatically. From a high of over 5,200 around March 20-22, this figure decreased to just about 2,900 in the most recent data. This represents a sharp 44% drop in network growth.

During this same period, XRP’s price has followed a similar, though less severe, downward trajectory. The token fell from around $2.45 to just over $2.05, marking a decline of approximately 15%.

The considerable gap between these two metrics is particularly noteworthy. While price dropped by 15%, network participation plummeted by nearly three times that amount. This disproportionate decline in new user activity compared to price movement can often signal deeper issues with market sentiment.

The #XRP network has been shrinking over the past month!

Newly created addresses have dropped from 5,200 to just 2,900.

This signals that fewer new users are engaging with the network, which could be a concerning trend for long-term growth.

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