XRP network activity crashes 44%; Is $1 drop next?

The XRP network is seeing a drop in new addresses, which could pressure the asset and threaten its hold above the key $2 support. Specifically, the number of newly created addresses has dropped by 44% over the past month, falling from a high of 5,200 on March 22 to just 2,900 by April 17, according to data from cryptocurrency analytics platform Glassnode. Number of new XRP addresses chart. Source: Glassnode This drop in network activity aligns with XRP’s price decline, as fewer new addresses, a key sign of adoption, often signal weakening investor confidence and can precede further losses source: https://finbold.com/xrp-network-activity-crashes-44-is-1-drop-next/