Glassnode says several XRP Ledger indicators have weakened, with holder profitability and transaction demand both falling from prior cycle levels. The firm reports the 90-day SMA of XRP's Realized Profit-to-Loss Ratio is down to 0.38, while the 90-day SMA of total fees dropped from 5,900 XRP in February 2025 to about 500 XRP.

On Monday, June 8, privacy coins advanced 4.5%, with Monero up 7.6% and Zcash gaining about 7%, even as the group remained more than 12% below its start-of-month level. The move followed market jitters tied to a Zcash Orchard vulnerability disclosed on May 29 and patched via forks completed by June 3, while positioning data showed "smart money" still net short on ZEC and XMR.

XRP's 90-day average network fees have fallen 91.5%, a move Glassnode tied to a sharp drop in organic transaction demand after the early-2025 speculative peak. The firm said fees declined from 5.9K XRP in Feb 2025 to 0.5K XRP as of June 9, 2026. Earlier Glassnode posts from Nov. 2025 also pointed to weakening holder profitability and heavier profit-taking while price fell.

Glassnode said Tuesday that XRP is showing signs of broad capitulation, with the 90-day MA Realized Profit-to-Loss Ratio falling to 0.38, its lowest level since 2024. The firm also noted shrinking network usage, with the 90-day average of total fees dropping from 5,900 XRP in February 2025 to 500 XRP. Analysts cited in the report added that XRP has slid nearly 15% over the past two weeks and is testing long-term technical levels that could shape a potential bottom.

XRP traded around $1.16–$1.18, rising more than 2% on the day even as broader crypto prices weakened and Bitcoin stayed below a key resistance zone. The report says XRP's weekly decline is under 8%, compared with about 10% for Bitcoin and 16% for Solana, while technical levels highlight resistance at $1.18, $1.21 and $1.26 and support at $1.10, $1.06 and $1.03.

Worldcoin (WLD) extended its rally after OpenAI filed a confidential IPO with the U.S. SEC on June 8. WLD moved from $0.41 on June 7 to about $0.52 on June 9, up 24% in 24 hours, with market cap near $1.75 billion and volume at $913 million (+41%).

XRP has edged back into the $1.14–$1.16 range after last week's selloff, but the rebound is showing signs of fragility as volume fades. Traders are watching $1.03 and the $1.00 level as the next make-or-break support, while a hold could leave room for a push toward $1.25. A long-term focus remains on $0.90 as a potential accumulation area if a broader pattern plays out.

XRP is trading in what analyst EGRAG CRYPTO describes as a macro "decision zone," with the next monthly candle close expected to influence whether it forms a double bottom or drifts toward $0.80. The analyst said a monthly close above $1.40 would help confirm the $1.05 low, while $1.61–$1.65 and $1.70 were highlighted as higher confirmation levels. XRP was up just over 1% in 24 hours at the time of writing but remained down more than 8% over seven days.