Why Did Ripple (XRP) Price Drop? - 21.02.2025

In the last 24 hours, XRP has recorded a 1.87% decline, ranking among the day’s biggest losers.

While expectations for Ripple continue to strengthen, large investors' interest in XRP is also increasing. In the past 10 weeks, the number of wallets holding 100,000 or more XRP has risen by 261, indicating growing confidence among major players. According to Santiment data, XRP has shown a 6% daily and 9% weekly increase, making it one of the few assets displaying a positive performance in an otherwise stagnant crypto market. Additionally, since November 11, 2024, XRP has gained 297% against Bitcoin.

However, current data shows Bitcoin is on an upward trend, while XRP is experiencing a decline. This suggests that the price divergence between the two assets may continue.