• Active XRP addresses dropped over 40% in four days.
• XRP price remains stuck between a tight trading range.
• Retail holders have grown, but overall network activity is slowing.

XRP has entered a tight and uncertain phase after a brief rally following an announcement by US President Donald Trump that the United States will pause strikes on energy and power installations in Iran after the expiry of the 48-hour ultimatum on opening the Strait of Hormuz.

BREAKING PRESIDENT TRUMP: We had very good and productive conversations regarding a complete and total resolution of hostilities in the Middle East.

Military strikes postponed for 5 days. pic.twitter.com/wiZh9F1H5p

— Donald J Trump Posts TruthSocial (@TruthTrumpPost) March 23, 2026

The momentum that initially lifted prices following Trump’s announcement now appears to be fading as the market struggles to find direction.

At the time of writing, XRP is trading around $1.43.

The price has moved within a narrow range between $1.36 and $1.46, reflecting hesitation among traders after a week where XRP slipped by about 5%, extending its broader downward trend over the past year.

While the recent rally gave traders hope, the follow-through has been weak.

XRP Ledger activity drops sharply

One of the most notable developments is the sharp decline in XRP Ledger (XRPL) network activity.

Notably, XRP’s active addresses have fallen by more than 40% within just a few days, according to the data obtained from CryptoQuant.

This drop signals a slowdown in user engagement, which often reflects reduced demand in the short term.

Fewer active participants usually translate to less transaction volume and weaker momentum.

This decline contrasts with the earlier optimism that surrounded XRP’s growing number of wallet holders.

While more people may be holding XRP, fewer are actively using it.

This gap between ownership and activity suggests that investors are choosing to wait rather than act.

Such behaviour is common during uncertain market conditions.

Retail growth continues despite the slowdown

Even as activity drops, the number of smaller XRP holders continues to grow steadily.

This trend points to increasing retail interest in the asset.

A rising base of small holders often signals long-term confidence, even if short-term sentiment is mixed.

It also suggests that XRP is becoming more widely distributed rather than concentrated in a few large hands.

However, growing ownership alone does not guarantee price growth.

Without strong network activity to support it, price movements can remain limited.

This is the situation XRP appears to be facing now.

XRP price outlook

XRP’s current price movements reflect a market caught between opposing forces.

On one hand, there is optimism driven by broader adoption and past rally attempts.

On the other hand, there is clear evidence of weakening participation and fading momentum.

The asset remains well below its previous peak, showing that recovery is still incomplete.

Short-term price action suggests consolidation rather than a decisive move in either direction, with the immediate support level at near $1.33 holding for now.

At the same time, resistance around $1.54 to $1.60 continues to limit upward movement, creating a narrow trading range that traders are watching closely.

Dogecoin (CRYPTO: DOGE) knockoffs such as ShibX (CRYPTO: SHIBX), Hina Inu (CRYPTO: HINA), Baby Doge Coin (CRYPTO: BABYDOGE) and other minor altcoins are seeing massive gains even as the rally in the apex meme cryptocurrency and Shiba Inu (CRYPTO: SHIB) loses steam.

What Happened: ShibX is extending its rally and is up 911.7% during the last 24 hours, trading at $0.00000004217 at press time.

The altcoin has surged 924.9% against apex cryptocurrency Bitcoin and also gained 914.5% against Ethereum during the past 24 hours.

The new token, which was launched on Oct. 10, operates on the Binance Smart Chain and has a trading volume of $3.59 million during the last 24 hours.

See Also: How To Buy Dogecoin (DOGE)

Among other Dogecoin knockoffs, Hina Inu has gained 98.8% during the past 24 hours to $0.00000000014, while Hanzo Inu (CRYPTO: HNZO) is up 94.4% during the 24-hour period to $0.0000002024.

Baby Shiba Inu (CRYPTO: BABYSHIBAINU) has surged 102.6% over 24 hours to $0.00000002401, while Baby Doge Coin (CRYPTO: BABYDOGE) is up 40.3% to $0.000000001646.

Why It Matters: The project behind ShibX on Tuesday retweeted a post on Twitter that the token has crossed a market capitalization of $5 million.

ShibX also announced it is conducting a meme competition for all token holders.

NEW ANNOUNCMENT

WE ARE RUNNING A MEME COMPETITION FOR ALL OUR HOLDERS.

Join https://t.co/WVtZaDDOTa to enter.

PRIZES
1ST PRIZE = $500
2ND PRIZE = $250
3RD PRIZE = $100

COUNTDOWN TIMER:https://t.co/MDjdacMx2u

— ShibX (@ShibXOfficial) October 12, 2021

Hina Inu is a fully decentralized, peer-to-peer deflationary community token that passively rewards its holders with a 2% tax redistribution for all transactions.

Hina Inu says on its website that is currently on a mission to form the largest INU ecosystem dubbed “Super Pack,” while simultaneously focusing on the implementation of its NFT marketplace.

Hina Inu announced on Twitter Tuesday that Fat Doge (CRYPTO: FOGE), Keisuke Inu (CRYPTO: KEI) and Hina Inu are now integrated into one Superpack, while Kuma Inu (CRYPTO: KUMA) is an affiliate.

ANNOUNCEMENT (1/2)

SUPERPACK- PHASE-1.

Fat Doge @TheFatDoge
Hina Inu @realhinainu
Keisuke Inu @TheOnlyKeisuke

Are now integrated into 1 Superpack consisting of a 3-Team-Governance.

Affiliate- Kuma Inu @KumaInuOfficial#Crypto #Coinbase #etherium #Trending #ShibaSwap pic.twitter.com/IlaSowBVPw

— Hina Inu (@realhinainu) October 11, 2021

Read Next: Kuma Inu Price Surges 85%: What’s Going On?