XRP network activity drops over 25% as price stays below 50-day and 200-day SMAs
Between February 9 and February 15, XRP’s active wallets fell from 55,080 to 40,778, marking a network activity decline of about 26% while the token struggled below the $1.50 level. Over the same period, XRP’s price rebounded from lows near $1.11 to $1.20 and later traded at $1.46, still below its 50-day SMA at $1.83 and 200-day SMA at $2.34, reflecting ongoing bearish momentum despite ETF inflows and Ripple’s new institutional roadmap.