XRP active addresses up 84%, price 72% below peak

The XRP ecosystem is experiencing a divergence between network activity and price dynamics. According to Ali Martinez, the number of active XRP addresses has increased by 84,18%, from 23,642 on August 1 to 43,543 currently.

At the same time, XRP is trading approximately 71,7% below its July 2025 all-time high of $3,66. A combination of increased network activity, large-scale hoarding, and shifting positions in the derivatives market have led to the $1-$1,06 range becoming the center of the current market situation.

Ali Martinez added that large holders accumulated over 380 million XRP over the previous week . On the monthly chart, the Tom DeMark Sequential indicator issued a buy signal.

The divergence in network activity is due to open interest rising as XRP approaches the high-liquidity zone around $1. Meanwhile, spot volume remains limited. If XRP holds at $1 and returns above $1,06, the current positioning could support a recovery attempt.

A drop below $1 could increase pressure to liquidate leveraged long positions, especially if positive funding remains. Therefore, the $1 level remains key in determining whether an existing long position will contribute to a rebound or become vulnerable to further liquidations.

In addition to CoinGlass data , XRP funding rates have remained mostly positive since late June, indicating that long positions have generally outpaced short positions in the perpetual futures markets.

CoinGlass Data

Positive surges in liquidity were observed from July 10th to 22nd, followed by a period of growth from late July to August. This position persisted despite XRP's weakening from above $1,20 in mid-June to $0,90 by August 12th, creating a divergence between the price and derivatives positions.

Technical indicators remain weak despite increased online activity. XRP's 14-day RSI is 35,97, below its moving average of 39,95 and the neutral level of 50.

TradingView data

The MACD indicator also remained negative. The MACD line was at -0,0237 against the signal line at -0,0191, and the histogram was at -0,0046. Taken together, these readings indicate that the bearish momentum has not yet resulted in a confirmed technical reversal.

Holding the $1 level will allow XRP to test resistance at $1,06, where, according to Ali Charts, nearly 3 billion XRP transactions have occurred . A dip below $1 could push the token back to $0,98 and $0,93, depending on liquidity zones.