XRP achieves breakeven ratio with 90 day moving average dropping to 0.38

The breakeven ratio of XRP has dropped to the 90 day moving average of 0.38, meaning that for every $1 loss realized in the market, only $0.38 of profit is realized. At its peak in 2025, the ratio reached 50, indicating that the current market dynamics have completely reversed. A ratio below 1 indicates that most participants are moving tokens in a loss making state, reflecting a strong surrender phase in the market. （glassnode）