XRP Demand Weakens as David Schwartz Weighs In on Burn Calls

XRP (XRP) weekly trading volume has been declining since late February, while momentum has also slowed for spot XRP ETFs. This signals declining interest in the fifth-largest cryptocurrency. The slowdown comes even as Ripple continues its expansion efforts, none of which appear to be moving the needle on price. Declining Volume and ETF Outflows Signal Fading Interest in XRP Data from CoinGecko shows that XRPs weekly trading volume fell by 27.5%, dropping from $22.9 billion in the last week of February to $16.6 billion recorded last week. The decline suggests cooling investor participation and fading momentum as broader market sentiment remains uncertain. XRP Trading Volume. Meanwhile, spot XRP exchange-traded funds (ETFs) posted their second consecutive week of net outflows. According to SoSoValue data, XRP ETFs have not recorded a single day of net inflows since March 5. The week ending March 13 saw net outflows of roughly $28.07 million. This marked the highest weekly inflow since late January. XRP ETF Performance. Ripples CTO Emeritus Addresses XRP Burn Demands Meanwhile, XRPs price has continued to move in line with the broader market. While the altcoin saw a 3.89% uptick amid a market-wide rally, the broader trend remains downward. XRP Price Performance. This comes even as Ripple has made multiple milestones, from pursuing new licenses to forming major partnerships. However, this has yet to have a major positive impact on XRPs price. The disconnect has fueled growing frustration among XRP holders. On X, one user suggested that instead of pursuing a share buyback, Ripple should consider actions that directly benefit XRP holders, such as burning the escrowed tokens. However, Ripples CTO Emeritus, David Schwartz, pointed to Stellars decision to burn roughly 50% of the total XLM supply in 2019 as an example showing that reducing supply does not necessarily lead to a significant price increase. Somewhere on this chart, XLM burned about half its supply. Can you find where? pic.twitter.com/WfJ8tG6NSF David 'JoelKatz' Schwartz (@JoelKatz) March 12, 2026 Whether ecosystem growth will eventually feed into XRPs price remains an open question. For now, XRP continues to trade largely in step with the broader crypto market, leaving holders waiting for a catalyst that has yet to arrive.