Good or Bad for Ripple’s price?

Exchange-related activity involving XRP has decreased significantly in recent months. What does it mean for Ripple’s price?

Alongside Bitcoin, major altcoins have posted a modest recovery as hopes for an end to the conflict in Iran support dangerous assets. XRP, for one, rose 4% on Tuesday.

The appreciation, however, comes at a time when few XRP users are contacting the exchange.

Market Interest is Cooling

On-chain statistics shared by CryptoQuant show that the amount of deposits and withdrawals across all major trading platforms has dropped to the lowest level recorded since the index was first launched. The decline in activity comes on the heels of a sharp decline in the price of XRP, which has fallen more than 60% from its highs established last summer. According to the analysis, the price adjustment seems to be accompanied by a significant decrease in user interaction with cryptocurrency exchanges.

This view is based on Multi Exchanges Daily Depositing/Withdrawing Transactions Delta. This metric is designed to track the total number of XRP transfer transactions that occur across the top 15 crypto exchanges. Unlike traditional flow metrics that measure the total volume of goods moving between wallets and exchanges, this indicator focuses more on transaction counts.

As a result, it provides insight into the number of users actively sending or withdrawing XRP, rather than simply measuring the number of tokens transferred.

According to the market definition, rising values ​​in the metric usually indicate that a greater number of users are depositing XRP into the exchange compared to those withdrawing it. Such behavior can raise potential selling pressure, as sellers often move assets to exchanges in preparation for sales.

On the other hand, falling prices often mean that many participants are withdrawing XRP from private wallets, a practice often associated with hoarding or long-term holding strategies.

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Historical data reveals that the last major spike in exchange rates occurred in January 2025 when the price of the crypto asset approached $3. That growth was followed by strong withdrawal activity between May and June 2025, which showed a lot after the sale.

The Payments Ecosystem

The development comes as Ripple recently outlined a number of important steps along its payments ecosystem. In a post to X, the company said Ripple Payments has processed more than $100 billion in total transactions and currently operates in more than 60 markets around the world.

The program is connected to 51 real-time payment channels, according to the update. Ripple also noted that RLUSD reached a market capitalization of $1 billion less than a year after its launch. The company said the platform integrates fiat currency and stablecoins while operating under more than 75 regulatory licenses in multiple jurisdictions.