XRP at $1.40 Range as New XRPL Addresses Drop From 18,000 to 2,700

XRP has been trading around the $1.40 area as on-chain indicators show weakening retail participation alongside signs of institutional usage. New daily XRP Ledger addresses fell by over 80% from 18,000 in December 2024 to about 2,700, while monthly active supply slid from 7.45 billion XRP to roughly 2 billion XRP and exchange reserves reached 12.9 billion XRP.