XRP Ledger Activity Grows 35.3% Despite 27.1% Price Drop
- Network Activity Surge: According to Messari's report, average daily transactions on the XRP Ledger rose from 1.83 million to 2.48 million in Q1 2026, marking a 35.3% increase that highlights growing network usage despite weak market sentiment.
- Stablecoin Market Expansion: Ripple's dollar-backed stablecoin RLUSD achieved a market cap of $340.3 million in Q1, up 45% from the previous quarter, while the broader real-world asset market cap surged 124% to $2.25 billion, indicating the XRP Ledger's potential in attracting capital.
- ETF-Driven Ecosystem Growth: By the end of Q1, U.S. spot XRP ETFs held 775.4 million XRP, representing 1.26% of circulating supply, a growth facilitated by the August 2025 resolution of the Ripple v. SEC case, which removed barriers to direct-hold XRP products.
- Price-Activity Divergence: Despite the increase in network activity, XRP's closing price fell to $1.34, a 27.1% decline from the previous quarter, with market capitalization dropping 26.3% to $82.21 billion, reflecting reduced speculative trading and a prevailing risk-off market sentiment.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ROSE
Technical Sentiment Analysis for Oasis (ROSE). As of , Oasis (ROSE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ROSE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ROSE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Oasis (ROSE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00513 | 0.00556 | 0.00599 | 0.00642 | 0.00685 | 0.00728 | 0.00771 |
| Fibonacci | 0.00556 | 0.00589 | 0.00609 | 0.00642 | 0.00675 | 0.00695 | 0.00728 |
About ROSE
About the author
