Why has the price of XRP been collapsing since 2025?

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On-chain data from Glassnode has revealed the reason why the price of XRP has been in a persistent downtrend since 2025. Notably, the price of XRP plummeted from its peak above $3 last year and has continued to fall since then. While many in the crypto space believed that XRP could eventually recover the $3 level, the cryptocurrency has continued to struggle, losing more gains each month amid a general market weakness and a shift in sentiment.

Why The Price Of XRP Has Been Declining Since 2025

Glassnode has attributed the prolonged correction of XRP's price since 2025 to a change in investor behavior driven by weakened on-chain profitability and rising losses among holders. According to the data, XRP fell below the aggregated cost basis of holders, which represents the average price at which current investors acquired their tokens.$XRP

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