# From One Billion to One Hundred Million: What’s Going On with XRP?
The XRP network has experienced a significant decrease in backing, which may lead to some difficulties later on.
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Even after attempting to recover, the cost remains under duress because it is contending with a substantial resistance point. That point is approximately $2.60, and XRP is presently trading at around $2.27. Surpassing that point could indicate a potential reversal, even though the general market sentiment is wary. The abrupt reduction in on-chain activity is the most concerning aspect of XRP’s current performance. XRP has been trapped in a downward trend for weeks, unable to sustain any positive impetus. To worsen matters, this precipitous decrease is occurring during a period of cost fluctuations, which additionally obscures its short-term forecast.
The quantity of payments on the XRP network has decreased dramatically—from over a billion to approximately 128 million, a reduction of almost 90%. Typically, these kinds of swift declines are merely fleeting, and the network reverts to normal levels. However, there might be a circumstance where the network simply lacks sufficient resources to restore everything to its proper state. With on-chain metrics displaying a 90% reduction in payment volume, XRP’s recent market activity is certainly cause for apprehension. Toncoin (TON) Value Forecast for March 26th
With diminished network activity and cost struggles, XRP’s perspective is uncertain.
Certain individuals speculate that the reduction in blockchain dealings might simply represent a short-term slump triggered by macroeconomic elements or reluctance among stakeholders. Nevertheless, should XRP prove unable to rally regarding cost and blockchain statistics, it could encounter elevated disadvantage hazards.
To recoup optimistic drive, XRP needs to revert to increased cost tiers and disrupt the prevailing negative trend. A revitalization in exchanging bulk would additionally serve to improve assurance within the framework. Until such time, stakeholders must exercise care as the resource traverses a demanding marketplace.
