3 XRPL On-Chain Data Points to Potential XRP Recovery

Jakarta, Pintu News – XRP Ledger (XRPL) closed the end of January with a sharp contrast between price and network activity. On spot exchanges, Ripple (XRP) weakened and briefly dropped below $1.9 making this year’s crucial support area look fragile.

However, the on-chain data actually set some rare records and is often read as a sign of recovery. The combination of short-term selling pressure and strengthening network fundamentals has many analysts again weighing the chances of a rebound.

Whale returns to accumulate XRP amid price pressure

Santiment’s data shows a return to accumulation from large holders, often referred to as whales. For the first time since September 2025, the number of wallets holding at least 1,000,000 XRP increased again. There has been a net increase of 42 wallets of this size since the beginning of the year.

At current prices, each wallet is worth at least about $1.8 million, so the movement is considered significant. An increase in the number of large wallets is usually seen as a positive long-term signal, especially when prices are weakening. This pattern could mean that large capital players are utilizing the downturn as an accumulation phase, rather than panic selling.

If selling pressure from exchanges begins to ease while accumulation continues, the chances of a price bounce become more plausible. Santiment rates the addition of 42 wallets with a minimum of 1,000,000 XRP as an “encouraging” development for the long-term outlook.

Read also: 3 Analyst Predictions on the Next Direction of Bitcoin, XRP, and Ethereum

XRPL’s DEX Activity Hits Record Early 2025

The second record came from decentralized exchange activity on the XRP Ledger (XRPL) network. CryptoQuant noted that the 14-day average of DEX transactions on XRPL reached 1,014,000, breaking the limit that has stood since early 2025. This surge indicates the increasing need for token swaps and DeFi interactions in the XRPL ecosystem.

When DEX activity rises consistently, market interest in grid utilities usually strengthens as well. Interestingly, the rise does not appear to be a momentary burst as the moving average metric shows a steady upward trend. Some analysts attribute this to the expansion of institutional partnerships and national-level cooperation that Ripple (XRP) has continued to push in the past year.

The effort is aimed at expanding the adoption and real use of XRPL, so that transactions do not rely solely on speculation. CryptoQuant thinks the breakout of old on-chain activity “resistance” often correlates with a return of market attention and the potential for more positive price movement.

Also read: XRP 3-Digit Hype Is Misleading, Here’s What the Future Really Looks Like

XRPL’s Daily Transaction Spike Generates Historical Signals

The third record was seen in the number of daily transactions on the network, which Artemis says has surpassed 2,000,000 and touched 2,500,000 on several days in January. Such an increase in throughput indicates that the network is being heavily utilized, whether for transfers, application activity, or liquidity needs.

In many cryptocurrencies, a spike in transactions is often the first clue that user interest is increasing before the price reacts. As such, this metric is often monitored as a more “fundamental” indicator of recovery. Historically, there were two phases in 2025 when Ripple (XRP) daily transactions broke 2,000,000, namely the January-March and June-July periods. After these phases, the price experienced sharp movements, including a large rally that took XRP through $3 and reached a record high of around $3.6 in July.

The similarity of this pattern does not automatically guarantee a repeat, but it does provide context that strong network activity once preceded price spikes. If broader crypto market conditions improve, the combination of high transactions and DEX interest could fuel the next recovery.

Follow us on Google News to stay up to date with the latest in crypto and blockchain technology. Check Bitcoin price, usdt to idr and tokenized nvidia stock price through Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading the Pintu crypto app via Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.

*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 are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• BeInCrypto. Records Set by the XRP Ledger in Jan. Accessed on February 1, 2026
• Featured Image: Bitcoin News