This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are highly volatile. Always do your own research before making any investment decisions.
XRP transaction demand has plunged by 91.5% over the past year, with News/Cointelegraph:82e992bec094b: TradingView and Crypto News reporting the average 90-day network fee at record lows. That collapse in demand is echoing through the market—traders are clustering around the $0.65 support zone as network fees slide and realized losses push the profit-to-loss ratio to just 0.38. Now, with investors shifting from profit-taking to outright capitulation, doubts about further downside have grown while whales dramatically cut their net inflows. According to XRP Realized Profit Ratio Falls Below 1 As Network Fees C…, the $0.63–$1.00 range has emerged as a key fair value gap anchoring current market structure.
Trader Crypto Patel flagged $1.00 to $0.60 as a preferred buying range — Crypto Patel, at
analyst Javon Marks projects a long-term breakout target of $15–$18 — Javon Marks, at source
XRP profit-taking flips to network capitulation
According to Bizinsider, profit-taking led XRP’s on-chain flows throughout late 2025, with the realized profit-to-loss ratio peaking at 50 as many holders locked in gains. However, that $0.65 battleground has gained even more significance because market momentum has shifted. Since the spike in profit-taking, plummeting transaction demand and collapsing fee revenue have forced more investors to bite the bullet and realize losses. The realized profit-to-loss ratio tracked by Crypto News has now tumbled to just 0.38—demonstrating that most coins changing hands today are doing so at a loss versus their entry price.
Dramatic drop in network fees and on-chain demand
Tradingview’s data confirms XRP’s 90-day average network fee has crashed by an eye-popping 91.5%, marking the sharpest decline in recent memory. That massive drop is underscored by Crypto News, which tracked total monthly fees on the network plunging from 5,900 XRP in February 2025 to just 500 XRP by June 2026—a 91%+ collapse. Industry figures show inflows from high-value accounts are shrinking rapidly: wallets holding between 100,000 and 1 million XRP are down by 15% since October 2025, while those with over 1 million XRP slashed inflows by a steeper 20%.
The 90D-SMA of total fees paid on the XRP network has fallen from 5.9k XRP in Feb 2025 to 0.5k XRP today, a 91.5% decline.
— glassnode (@glassnode) June 9, 2026
A drop of this magnitude is not a fee market adjustment. It reflects a near-total contraction in organic transaction demand on the network since the… https://t.co/wzKcbqNWHh pic.twitter.com/yO5p6mWsCK
$0.65 becomes the new price battleground
With aggressive selling and network fundamentals deteriorating, technical traders are locked in on $0.65 as a crucial level. Tradingview notes a big fair value gap—the price zone where XRP moved quickly through thin order books—extends from $0.63 to $1.00. That means price reactions near $0.65 are even higher stakes. The point of control—the single area with the most traded volume—sits lower, between $0.52 and $0.55. If $0.65 fails to hold, market data shows sellers could drive a swift slide down to that range. Many market participants now prefer allocating in the $0.60 to $1.00 band, confirm whales have trimmed exposure at every rally toward $1.00, slashing the odds of a swift rebound.
Persistent capital outflows and weak on-chain activity are raising the stakes for this critical support—if breakdowns occur, realized losses could spiral and risk-off sentiment might intensify. For deeper technical breakdowns and forecasts, see More XRP transaction demand falls analysis and forecasts, which provide insights into future price movements and market trends⟦L1⟧.
Profit-to-loss ratio signals deeper risk
The realized profit-to-loss ratio now sits at just 0.38, Crypto News confirms, making this one of the lowest readings for XRP in recent memory.
Whale activity and accumulation zones
Net inflows from wallets holding between 100,000 and 1 million XRP have fallen by 15% since October 2025, while the largest 1 million-plus category posted a sharper 20% drop. Usually, whales help anchor demand during high volatility—but lately, they’re playing it safe and staying out of the fray. Technical metrics point to the vast $0.63–$1.00 fair value gap—a stretch where little historical trading means price is especially at risk for sharp swings. If whales start accumulating again near $0.60–$0.70, they could form a new demand floor.
Trading volumes and forward price targets
XRP’s trading environment is still liquid, yet organic user activity underneath is fading fast. Tradingview points out the point of control sits firmly at $0.52–$0.55, a zone with almost no historical buying interest. While some bulls keep referencing breakout targets between $15 and $18—a hypothetical 1,100% jump, according to Bizinsider—near-term price action remains bleak unless transaction demand turns around sharply. If panic-selling resumes, the price gap from $0.63 to $1.00 could fill fast and with few new wallets entering, deeper losses could follow. For now, whether $0.65 holds by week’s end is what’s capturing every trader’s attention.
Technical chart signals and the road ahead
Recent technical signals show that most buyers lack conviction—volatility bands are narrowing as the price hugs the $0.65 inflection, leaving XRP ripe for sudden, sharp moves. Also, capital’s rotating out of XRP and into bigger cap names with more reliable growth or regulatory clarity. That leaves XRP lagging its competition. Analysts reviewing Tradingview stress this collapse in both fees and real user activity is outsized even for a down cycle. Coming on-chain data drops and readings on exchange flows will decide whether XRP is carving out a bottom—or if further capitulation and forced selling are what’s next.
Disclaimer: The content on this page is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
Elena Petrova is a regulatory correspondent specializing in crypto law and policy with over 10 years of financial journalism experience. Formerly a finance reporter at Reuters, Elena covers SEC enforcement, MiCA implementation, and global stablecoin regulations. She holds a J.D. from Georgetown Law and is a member of the New York State Bar. Her regulatory analysis is frequently referenced by compliance officers and legal teams at major exchanges.
Conflicts of interest
I have no current legal practice or retainer relationships with any cryptocurrency company. Past employment relationships are listed publicly.