XRP traders who were active over the past 30 days are down an average of 47%, pushing the token’s MVRV ratio to its lowest level since December 2020. The metric measures average trader profitability, and historically, deeply negative readings have appeared during periods of extreme fear and capitulation before major rebounds. Despite XRP losing more than half its value since last summer, investors continue watching for potential catalysts including regulatory progress, ETF speculation, and broader adoption of Ripple technology. Markets are now focused on whether panic selling has largely exhausted itself, creating conditions for a stronger recovery if sentiment improves.








