I just reviewed the XRP price data and something interesting is happening. Although the XRP price has fallen significantly from last year's highs, the NVT ratio is now at 170.2, suggesting that the fundamentals are stronger than when it was trading near $3.6 a few months ago. Basically, the asset has better backing from real network activity.

What catches my attention is transaction activity. In 2025, it ranged between 1.1 and 2.2 million daily, but now we're seeing 1.79 to 3 million, with peaks above 4.4 million. That’s a notable increase considering the XRP price is lower. Additionally, over a billion dollars have entered spot ETFs, indicating real institutional interest.

At the current $1.41, XRP’s price seems to have better support than before. Network activity has remained strong throughout 2026, never dropping below 1.7 million transactions daily. That’s different from what we saw in 2025 when prices were inflated. It looks like the market has shifted from pure speculation to something more fundamentals-based.