XRP Burn Metric Surges as Prolonged Price Pullback Nears End
Analysis
Price Impact
HighA sharp surge in xrp burn activity, specifically a 1% increase hitting 400 xrp burned, suggests a reduction in sell-off pressure and increased utility for payment purposes. this network activity is seen as a strong indicator for a potential 'major comeback' in price.
Trustworthiness
MedThe data is sourced from cryptoquant, a reputable on-chain analytics firm. while burn metrics can indicate healthy network activity and reduced supply, the article also notes discouraging factors like a 26% drop in trading volume, adding a layer of caution to the bullish outlook.
Price Direction
BullishThe increased burn rate implies that traders are holding assets and potentially using xrp for transactions, leading to reduced supply and increased demand. this, combined with the asset retesting key support levels after a prolonged pullback, suggests a strong possibility of a price resurgence.
Time Effect
ShortThe article states that the prolonged price pullback 'nears end' and momentum might return to the market 'in the near term,' indicating a potential price movement in the immediate future.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News XRP has continued to trade in the deep red territory, but its network activity suggests that momentum might return to the market in the near term. Advertisement Amid the broad crypto market slowdown, the leading altcoin has seen a sharp surge in its burn activity, according to data from CryptoQuant. As such, it appears that a notable price resurgence might be underway. XRP retests $1.87 Following the surge in the XRP burn activity, the amount of XRP burned as fees has surged modestly by about 1% over the last day, hitting about 400 XRP on Jan. 25. HOT Stories Crypto Market Review: Is XRP in Perfect Spot for $3 Run? Ethereum (ETH) $3,500 Blowup Is Ready, Shiba Inu (SHIB) Needs Rocket Fuel Now Paul Graham Says Gensler's Approach to Crypto Was 'Really Stupid' 'Greatest Risk' to Bitcoin Identified by Strategy's Saylor XRP Hits Insane 8,700% Liquidation Imbalance, Ripple Snatches Major Banking Partnership, Saylor's Strategy Buying BTC Again, SHIB Volume Collapses — Top Weekly Crypto News The surge in the burn metric suggests a reduction in sell-off pressure, as traders are willing to hold their assets to aid in price stability. Advertisement While the metric also suggests increased use in XRP for payment purposes, which often helps to drive an increase in the price of the asset, it appears that XRP may be on track for a major comeback in price. You Might Also Like Sun, 01/25/2026 - 12:40 Did XRP Top Out? On-Chain Euphoria Might End Here By Arman Shirinyan As the broad crypto market volatility continues to persist, XRP has continued to plunge, and it has recently retested the $1.87 level despite trading above $2 for the most part of January. Advertisement With the asset now retesting previous levels, traders are optimistic that the rising network performance could drive momentum for XRP and stabilize its price movements. Apart from the positive network activity, other on-chain metrics still appear discouraging as XRP’s trading volume has continued to plunge, and it is currently down by 26%. #XRP #XRP Price Prediction