XRP Capitulation Deepens as Glassnode Data Hints at Possible Bottom

XRP capitulation is becoming one of the biggest talking points in the crypto market after fresh on-chain data from Glassnode showed a sharp increase in loss selling among holders. The latest figures suggest investor sentiment has weakened significantly, raising questions about whether XRP is approaching a market bottom or facing further downside.

With XRP trading around $1.11 and still far below its 2025 highs, traders are watching closely for signs that selling pressure may finally be exhausting.

Key Takeaways

• XRP’s realised profit to loss ratio has fallen to 0.38, signalling intense market capitulation.
• Glassnode data shows most XRP transactions are now occurring at a loss.
• While capitulation may suggest a bottom is near, market conditions remain uncertain.

Trade with confidence. Bitrue is a secure and trusted crypto trading platform for buying, selling, and trading Bitcoin and altcoins.
Register Now to Claim Your Prize!

What Glassnode XRP On-Chain Data Reveals

Fresh Glassnode XRP on-chain data suggests the market is entering a phase commonly associated with capitulation. According to the analytics platform, XRP’s 90 day moving average of the realised profit to loss ratio has fallen to 0.38.

In simple terms, this means investors are taking just 38 cents in profit for every dollar realised in losses. A ratio below one often indicates that holders are exiting positions under pressure rather than locking in gains.

As shown in the chart above, XRP’s realised profit loss ratio has entered territory historically associated with fear driven selling. The metric dropping below one suggests that most on-chain transactions are happening at a loss, often seen during late stage bear market conditions.

This marks a major reversal from 2025, when XRP enjoyed a strong rally and the ratio climbed as high as 50. At that stage, profit takers heavily outpaced loss sellers, reflecting stronger market confidence.

Glassnode researchers believe the latest reading reflects “intense capitulation”, a phase where exhausted investors finally sell after months of declining prices. Historically, capitulation often appears closer to the later stages of a bear market, though it does not always mark the exact bottom.

For XRP traders, this could signal that downside momentum is weakening, but uncertainty remains.

Read Also: How to Buy XRP Safely in 2026

Why XRP Market Shows Signs of Capitulation

The realised profit loss ratio is not the only warning signal. Glassnode data also points to weakening network activity, suggesting reduced speculative demand across the XRP ecosystem.

According to the analytics firm, the 90 day average of XRP transaction fees has dropped sharply from around 5,900 XRP in February 2025 to roughly 500 XRP. That represents a decline of more than 91%, reflecting much lower network participation.

Such a steep contraction often points to fading enthusiasm after a speculative cycle. In crypto markets, lower activity can signal reduced investor confidence and weaker trading momentum.

At the same time, XRP remains nearly 40% lower for the year and significantly below its previous peak above $3.60. That combination of falling participation and rising loss selling has strengthened the narrative that XRP market shows signs of capitulation.

Still, some investors view periods of extreme pessimism as potential turning points rather than purely bearish developments.

Read Also: XRP for Beginner: How to Buy, Trade & Stake

Is an XRP Bottom Signal Finally Emerging?

Despite negative sentiment, some analysts believe XRP may be approaching an important support zone. Historical patterns show that major crypto corrections often become less severe over time.

Analysts tracking previous XRP bear markets have noted that earlier downturns lasted between roughly 400 and 790 days, often resulting in deep declines. The current correction has lasted around 350 days, leading some observers to suggest the later stages of the bear cycle may already be underway.

Technical indicators are also drawing attention. XRP recently closed below its 200 week simple moving average, which historically appeared before structural bottoms formed in earlier cycles.

Meanwhile, analysts have identified a possible support zone between $0.70 and $0.90. If this level holds, a move back towards $3 could become realistic over time, although price recovery would likely depend on broader crypto market sentiment.

An XRP price prediction for June 2026 therefore remains uncertain. Capitulation signals may point to exhaustion among sellers, but markets can remain volatile before recovery begins.

Read Also: How to Earn More XRP with Bitrue: A Complete Guide

Conclusion

The latest XRP capitulation signals suggest holders are increasingly selling at a loss, with Glassnode’s realised profit to loss ratio falling to its lowest level since 2024. Combined with declining network activity and weaker sentiment, the data points to a market still facing pressure.

However, capitulation has historically appeared near major turning points in crypto cycles, meaning traders will be watching closely for signs of stabilisation in the months ahead. Readers interested in exploring crypto markets after understanding this topic may find it useful to review available assets and features through Bitrue.

FAQ

What is XRP capitulation?

XRP capitulation refers to a phase where investors increasingly sell holdings at a loss after prolonged price declines. It often reflects market exhaustion, fear, or declining confidence among holders.

What does the XRP realised profit loss ratio mean?

The XRP realised profit loss ratio measures whether investors are selling in profit or at a loss. A reading below suggests realised losses are outweighing realised profits.

Is XRP near a bottom in June 2026?

Some analysts believe XRP may be nearing a bottom because capitulation signals often appear late in bear markets. However, no indicator can guarantee an immediate reversal.

Why is Glassnode XRP on-chain data important?

Glassnode XRP on-chain data helps investors assess blockchain activity, investor behaviour, and sentiment through metrics such as transaction demand and realised profits or losses.

Can XRP recover after capitulation?

XRP can recover after capitulation if selling pressure weakens and confidence gradually returns. Recovery timing often depends on wider market conditions and adoption trends.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.