As a researcher tracking XRP, I’m observing a concerning trend: increasing market pressure is leading many holders to sell at a loss. Data from Glassnode shows the Spent Output Profit Ratio (SOPR) has fallen below 1.0, which confirms that a significant number of investors are now realizing losses on their XRP. Currently, the token is trading around $1.41, unable to surpass the $1.45 resistance. We’ve seen this kind of pattern before, notably during the extended sideways trading period between 2021 and 2022. Despite these challenges, some investors are remaining optimistic, hoping for positive developments from upcoming crypto regulations and fueled by speculation regarding a potential partnership between X Money and Cross River Bank, which has ties to Ripple.
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2026-03-06 10:36