XRP, the token associated with the Ripple ecosystem, is currently facing significant challenges as it has exited the “millionaires’ club,” a term that denotes cryptocurrencies with a significant number of millionaire wallets. This exit, alongside a drastic decline in daily blockchain transactions, has raised concerns about the cryptocurrency’s long-term viability, particularly among seasoned investors and market professionals.
The drop in XRP’s transaction volume is stark, having fallen from an average of nearly 850,000 transactions to just 223,000 on September 15, 2025. This represents a staggering decrease of over 70%, signaling a concerning lack of activity on the XRP Ledger. Analysts have pointed to several factors contributing to this decline. These include a reduction in institutional flows that had previously bolstered XRP’s use for cross-border payments, a waning interest from retail investors who are frustrated by stagnant prices despite positive legal outcomes for Ripple, and potential technical issues within the XRP Ledger that may deter both developers and users.
This trend does not appear to be a fleeting setback; rather, it suggests a deeper structural issue within XRP’s operational model. Despite Ripple’s ongoing efforts to promote asset tokenization through solutions such as RippleNet and On-Demand Liquidity (ODL), the plummet in on-chain activity reveals a widening gap between the promising narrative of XRP and its actual adoption. Legal victories in the U.S. and claims of increasing institutional engagement seem less impactful in the face of declining network activity, which may undermine XRP’s credibility as a key asset in international digital payments.
From a technical perspective, XRP has recently broken out of a descending triangle but encountered resistance after a brief rise to $3.20. Current trading rates hover around $2.96, just below the 50-day exponential moving average, which is acting as a tentative support level. Analysts warn that a bearish breakdown could lead to a further decline, with critical support zones identified at $2.92, $2.87, and $2.80. The market exhibits bearish signals on key indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), suggesting the necessity of a bullish recovery to stabilize XRP’s position in the medium term.
The exit from the “millionaires’ club” further exacerbates fears of disengagement among large holders—often referred to as “whales.” Recent data indicates that over 180 million XRP have been sold by these major investors in just the past two weeks. This trend, coupled with the overall downturn in the altcoin market since early September, positions XRP as vulnerable to both fundamental and speculative pressures.
In light of these developments, XRP finds itself at a pivotal moment, particularly following the resolution of its legal challenges with the SEC. The significant drop in on-chain transactions highlights a slowdown in the network’s operations and raises critical questions about the future utility of this digital asset. The combination of a faltering market perception and an impending technical breakdown could jeopardize XRP’s status as a leading asset.
For those looking to invest, XRP may represent a potential opportunity at a time of uncertainty. Investors who believe in a rebound toward higher levels, such as $3.50 or beyond, may find it a strategic entry point. Those interested in acquiring XRP can easily do so on platforms like Zoomex, which offers straightforward registration and trading processes.
As XRP navigates this tumultuous period, ongoing monitoring of its market performance, technological developments, and regulatory environment will be crucial for active investors in the cryptocurrency landscape.
