Market analyst Ali Martinez said on X that XRP network activity has declined 26%, with active addresses falling to 40,778. The data, shared in a recent chart, points to a noticeable slowdown in user engagement on the XRP Ledger.

According to the posted metrics, the reduction in active addresses reflects weakening on-chain participation compared to previous periods. Active addresses are commonly used as a proxy for network demand and transactional usage, meaning the downturn could signal softer short-term interest from traders and users. A contraction of this scale may affect sentiment around XRP, particularly among participants who monitor on-chain indicators to gauge momentum and adoption trends.

For now, it remains unclear whether the drop marks a temporary cooldown or the start of a broader deceleration in activity. Market observers will likely watch upcoming on-chain data to see if address counts stabilize or continue to slide in the coming sessions.

Source: Ali Martinez.

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Filed under: News - @ February 17, 2026 5:29 pm