XRP Ledger Fees Drop 89% as Traders Watch $1.90 Support for Potential Rebound Toward $3.60

Since early February 2025, total daily fees on the XRP Ledger have fallen about 89% from 5,900 XRP to 650 XRP, according to on-chain metrics. Despite this multi-year low in network activity and ongoing negative sentiment, some technical analysts say XRP could be preparing for a move higher as long as support around $1.90 holds near the current $2 area. They are watching for a possible retest of resistance around $3.60 if that support zone remains intact.