According to Santiment, XRP’s MVRV indicator dithers in the negative, a doleful specter haunting the crypto realm as most digital assets languish in undervaluation, much to the dismay of weekend traders.
In a recent tweet, Santiment, that ever-earnest scribe of market morbidities, dissected the 30-day MVRVs of major cryptos, including XRP. Per this indicator, XRP is but a slightly underappreciated morsel, its 30-day MVRV a gloomy -4.1%, as if the market itself were sighing in resignation.
📊 According to the 30-day MVRV’s of crypto’s large caps, which identifies overvalued and undervalued assets based on average trader returns, here are where things stand:
Undervalued:
📌 Ethereum $ETH: -14.3%Slightly Undervalued:
📌 Bitcoin $BTC: -6.9%
📌 Chainlink $LINK:…– Santiment (@santimentfeed) February 20, 2026
At the time of writing, XRP was trading sideways near $1.44, up 2.43% in the last 24 hours, with analysts signaling that a major move might be brewing-though one wonders if “major” is merely a euphemism for “desperate hope.”
XRP volatility has dropped to levels last seen before a major 2024 rally, with technical traders highlighting a compression setup. A compression setup! How thrilling. One might as well watch paint dry, but with more jargon.
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This price setup has $1.39 as key support and $1.44 as near-term resistance that could open a move toward $1.50 to $1.62 if reclaimed. Reclaimed? As if the market were a lost heirloom, dusted off and paraded for the masses.
With volatility near prior cycle lows, analysts indicate that the timing and direction of the next breakout might depend on how long this low volatility consolidation phase might last. A suspenseful ballet, perhaps, but one with no clear choreographer.
XRP expands in RWA tokenization
In a recent tweet, Evernorth CEO Asheesh Birla highlighted XRP’s growth in the real-world asset (RWA) tokenization market. He added that this signifies that institutional blockchain adoption is accelerating on XRPL-though one might argue that “accelerating” is a polite way of saying “reluctantly limping forward.”
The RWA activity growth is significant as it suggests that XRP Ledger is seeing meaningful traction from institutions that value guardrails mirroring existing market infrastructure. Guardrails? A metaphor so rich it could double as a taxidermy exhibit.
The Evernorth CEO also highlighted RLUSD’s growth as another major signal for XRP Ledger. RLUSD rose to over $1 billion in issuance within months last year, and its distribution keeps expanding, including a full integration on Binance in the past week. Integration on Binance! A milestone so monumental it could be etched into the blockchain itself.
Decentralized exchange growth on XRP Ledger also indicates increasing on-chain participation. DEX activity on XRPL hit a 13-month high in terms of transactions per day at the start of 2026. Increased trading volume implies deeper liquidity, tighter spreads and more capital efficiency-though one suspects the term “capital efficiency” is merely a fancy way of saying “we’re all just trying to survive.”
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2026-02-21 19:06