With XRP Transaction Fees Down 90%, All Eyes Turn to the Price

Jakarta, Pintu News – While the price of XRP (XRP) remains under persistent selling pressure, transaction fees on the XRP Ledger (XRPL) network have plummeted by 90% over the past year.

Open interest in XRP has also seen a large drop due to the massive sell-off during the recent price correction.

XRP Transaction Fee Drops to Lowest Point Since December 2020

Daily transaction fees on the XRP Ledger (XRPL) network have decreased sharply since the beginning of the year, based on data from Glassnode.

Read also: Is XRP Price Ready to Rebound? These 3 Signals Show the Bounce!

Currently, the network is only generating around 650 XRP per day from transaction fees – way down from 5,900 XRP on February 9. Glassnode notes that this represents a decline of 89 percent, and this level of transaction fees was last seen in December 2020.

This decrease in transaction fees also comes along with the decline in open interest in the XRP futures contract.

Based on on-chain data, open interest has plummeted from 1.75 billion XRP in early October to just 0.74 billion XRP, which translates to a decline of 59 percent.

The funding rate also fell, from 0.01 percent to just 0.001 percent based on a seven-day moving average. This indicates a weakening of confidence from derivatives traders in the potential recovery of XRP prices in the short term.

This is despite XRP-based ETF products recently showing strong performance and inflows.

However, overall sentiment indicators show that social talk about XRP has entered the “fear” zone, with the highest level of negative sentiment since October.

However, some analysts argue that such conditions have historically been an early sign of a price reversal in the positive direction for XRP.

Where is XRP Price headed next?

After yesterday’s FOMC announcement regarding the Fed’s 25 basis points interest rate cut, the price of XRP experienced increased volatility.

Read also: Ondo and xStocks Spark Multichain Race of Tokenized Stocks in DeFi World!

As of December 11, the price of XRP is down 2.67% and is testing the crucial support level of $2.0, signaling instability in the short term.

Popular market analyst ChartNerd highlighted technical indicators showing that the Relative Strength Index (RSI) is in a narrowing range, while the Stochastic RSI has entered oversold territory.

According to him, if the price experiences a further decline towards the $1.90 support level, it could be considered a positive development in the context of market positioning.

FAQ

What has been the percentage decrease in XRP transaction fees in the last year?

XRP transaction fees have dropped by about 90% in the past year.

What is the lowest level of XRP daily transaction fees recorded recently?

The lowest daily transaction fee recorded recently was 650 XRP per day.

What impact will the Fed rate cut have on XRP price?

The Fed’s 25 basis point rate cut has led to volatility in the price of XRP, which is currently testing critical support at $2.00.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinspeaker. XRP Transaction Fee Crashes 90%: What Happens to the Price Next. Accessed on December 12, 2025
• Cointelegraph. XRP Transaction Fees Drop 89%, Price Headed Below $1.75. Accessed on December 12, 2025