XRP Supply in Profit Rises to 57%, a 9-Month Peak

The ratio of the circulating XRP supply in profit has surged back above 57%, reaching highs last recorded in January 2026.

This comes as XRP’s price continues to hold above the crucial $1.40 level following the rally witnessed in August and September. For context, after dropping to $0.98 in mid-August, XRP embarked on a rebound campaign, closing August around $1.379, a 30% gain that month.

The uptrend spilled into September, and despite facing periodic roadblocks and selling pressure toward the end of the month, XRP also closed September with another gain, up nearly 8% for the month. While October has introduced a pullback, the August and September gains have already made much of XRP’s supply profitable.

XRP Supply in Profit Rises

According to on-chain data provided by market research firm Glassnode, the ratio of the circulating XRP supply in profit has risen to 57.172% as of the time of this press. 

For the uninitiated, this metric measures the percentage of an asset’s circulating supply that is currently in profit. Essentially, it looks out for those XRP coins that investors last moved at prices lower than the current XRP price. It assumes these coin movements refer to purchases.

The latest reading indicates that 57.172% of XRP’s circulating supply was last moved at prices lower than $1.51. For context, XRP currently boasts a circulating supply of 68.4 billion tokens. This indicates that about 39.12 billion XRP is now in profit.

This is an impressive rise from the 37.27% rate recorded on Aug. 16, when the XRP price stood at $0.99. At this rate, only about 25.5 billion XRP tokens were profitable, leaving nearly 43 billion XRP in loss at the time. Now, there are only 29.2 billion XRP tokens in loss, a 42.8% share.

A 9-Month Peak

Notably, the recent top in profitable supply represents highs last recorded nine months ago, in January 2026, when prices stood around $2. 

As the market-wide downtrend persisted into this year, XRP faced intense selling pressure that resulted in a considerable drop in the percentage of supply in profit. Specifically, on Jan. 5, XRP saw 77.25% in profit as the price rose to $2.4. 

However, this figure dropped to 60% two weeks later alongside a decline in prices to $2.06 by Jan. 17. When XRP slumped further to $1.99 the next day, the percent of supply in profit also dropped to 56.27%. Since then, the metric has continued to decline, slipping below 50% by the end of January.

For three months, the percent of XRP supply in profit remained under 50% despite not recording steeper declines. This bearish trend persisted as the XRP price stayed below $1.50. 

The metric finally recovered above 50% as XRP’s price hit $1.47 in May. However, this uptrend did not last, leading to a drop toward the 37% low in August, right before XRP’s price recovery resulted in the latest push back above 50%.