--- title: "XRP 'Opposite' Of Losing Relevance, Says Analyst: The Coin May Be Quiet On Price, But It Is Loud On Participation" type: "News" locale: "en" url: "https://longbridge.com/en/news/290513957.md" description: "Cryptocurrency analyst X Finance Bull argues XRP is not losing relevance despite an 8% price drop, citing nearly $3 billion in weekly trading volume and seven weeks of positive inflows into spot ETFs. The analyst emphasizes that high participation indicates strength. However, data shows declining network fees, transaction volumes, and TVL on the XRP Ledger. Expert Ivan Patriki advises focusing on long-term infrastructure progress over short-term price movements." datetime: "2026-06-23T04:33:26.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/290513957.md) - [en](https://longbridge.com/en/news/290513957.md) - [zh-HK](https://longbridge.com/zh-HK/news/290513957.md) --- # XRP 'Opposite' Of Losing Relevance, Says Analyst: The Coin May Be Quiet On Price, But It Is Loud On Participation A widely followed cryptocurrency analyst countered on Monday price concerns for **XRP** (CRYPTO: XRP) by highlighting the token’s strong trading volume across global exchanges in recent days. ## Is XRP Losing Relevance? X Finance Bull, citing data from Coinglass, reported that XRP recorded nearly $3 billion in trading volume over the last week, with strong activity on **Binance**, **Bybit** and **Coinbase**. During the same time, XRP’s price tumbled by more than 8%. “When an asset is genuinely losing relevance, volume dries up and concentrates in one or two places,” the analyst said. “XRP is the opposite” The analyst also pointed to robust institutional demand, XRP spot exchange-traded funds attracting seven consecutive weeks of positive flows, according to SoSo Value. “The price is quiet. The participation is loud. I’d trust the participation,” X Finance Bull said. > If the $XRP price has you worried, look at the volume data instead. It tells a very different story than the chart. > > In the last 7 days, XRP saw nearly $3 billion in trading volume across major exchanges. > > During one of the weakest market stretches we've seen. The spread is what… https://t.co/FMeBElGUFT pic.twitter.com/mjnffONwCc > > — X Finance Bull (@Xfinancebull) June 22, 2026 ## What Are XRP’s Bull Triggers? **Ivan Patriki,** fintech marketing expert and Co-founder of **QuantMap**, said in a note to Benzinga that investors should focus on real transaction growth, new financial partnerships, and regulatory progress when evaluating XRP. “I think investors need to separate long-term infrastructure progress from short-term price expectations,” Patriki said. “The biggest headwind is that utility often develops much more slowly than market narratives.” **Read Also: XRP's Bull And Bear Cases Are 'Pretty Easy To Make,' Analyst Says—Here Are The Key Levels To Watch** ## The State Of Network Adoption It’s notable that XRP, which powers the **XRP Ledger** network, generated just $119,182 in fees in 2026, compared to $2.35 million in 2025 and $1.41 million in 2024.  The payment volume, active user count and transactions have significantly dropped since the start of the year, data from XRPSCAN showed. XRP Ledger has faced challenges in recent years, with its total value locked in its decentralized finance ecosystem plunging from a peak of $120 million to approximately $40 million. **Price Action**: At the time of writing, XRP was exchanging hands at $1.12, down 0.60% in the last 24 hours, according to data from Benzinga Pro. **Read Also: XRP Has a $71 Billion Market Cap, but XRP Ledger Made Less Than $120,000 This Year** _Photo Courtesy: Mehaniq on Shutterstock.com_ ### Related Stocks - [XRPT.US](https://longbridge.com/en/quote/XRPT.US.md) - [GXRP.US](https://longbridge.com/en/quote/GXRP.US.md) - [XRPI.US](https://longbridge.com/en/quote/XRPI.US.md) - [XRP.US](https://longbridge.com/en/quote/XRP.US.md) - [XRPZ.US](https://longbridge.com/en/quote/XRPZ.US.md) - [UXRP.US](https://longbridge.com/en/quote/UXRP.US.md) - [TOXR.US](https://longbridge.com/en/quote/TOXR.US.md) - [XRPC.US](https://longbridge.com/en/quote/XRPC.US.md) - [XXRP.US](https://longbridge.com/en/quote/XXRP.US.md) - [XRPR.US](https://longbridge.com/en/quote/XRPR.US.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) ## Related News & Research - [Ripple Teams Up With Notabene to Scale RLUSD but XRP Falls 3%: What's Going On?](https://longbridge.com/en/news/293655414.md) - [XRP Holders Are Seeing Major Losses Since The Bull Market, And The Numbers Are Rising](https://longbridge.com/en/news/282237687.md) - [XRP Gets Left in the Dust AGAIN as Ripple Secures 'CASP' Licence Win in Europe](https://longbridge.com/en/news/291798358.md) - [Ripple almost shut down in 2020, now XRP makes history on a Jersey patch](https://longbridge.com/en/news/292408967.md) - [Ripple Gets Full Regulatory Approval in EU: So Why's XRP Stuck At $1.15?](https://longbridge.com/en/news/291828809.md)