Cryptocurrency

XRP Price Breakout in Doubt as Network Activity Plummets 52%

By Bullbit Editorial · March 29, 2026

WhatXRP network activity has plummeted by **52%** over the last day, casting doubt on the cryptocurrency's price breakout.
WhyThe decline in activity is attributed to a significant drop in XRP being burned as fees, falling by over **50%** from the previous day.
SignalThe sharp decline in network activity may indicate a weakening of XRP's use case and potential price volatility.
TargetThe current price of XRP is around **$0.47**, but a sustained decline in activity could lead to a further price drop.
RiskInvestors may face significant losses if the XRP price continues to decline due to the cryptocurrency's reduced network activity.