This article provides an analysis of the current situation with XRP, comparing it to the conditions during the peak of the bullish trend in 2017.
Long-term XRP Holders Losing Confidence
Long-term XRP holders are transitioning from a state of euphoria to doubt, as current NUPL data reflects a lack of confidence compared to the secure stance of 2017.
Comparison of XRP/BTC Price Structures
As of now, the XRP/BTC pair stands about 90% below its historical high from 2017, indicating a weak position for XRP in the market, where sharp price surges were previously observed.
Current Market Conditions and Competition
In 2025, XRP competes with a wider range of projects and established technologies, making significant growth rates as seen in 2017 increasingly difficult.
The introduction of new technologies and increased competition raises questions about the sustainability of XRP's price growth. Sentiments among holders are notably more pessimistic compared to the 2017 peak.