{"id":13269,"date":"2026-09-15T13:39:24","date_gmt":"2026-09-15T13:39:24","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=13269"},"modified":"2026-09-15T13:39:24","modified_gmt":"2026-09-15T13:39:24","slug":"xrp-faces-a-2-cost-zone-ahead-of-clarity-vote","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=13269","title":{"rendered":"XRP faces a $2 cost zone ahead of CLARITY vote"},"content":{"rendered":"

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Nearly 75% of XRP\u2019s realized capitalization is concentrated in coins that last moved six months to two years ago. Their average realized prices start above $2, leaving the market\u2019s largest cost-basis cohorts below their modeled entry levels while XRP trades in the mid-$1.40s.<\/p>\n

A rally toward $2 would approach the average cost of the cohorts carrying most of XRP\u2019s realized value, giving the market a chance to show whether those coins remain dormant or move more actively as modeled losses shrink.<\/p>\n

A concentrated cost zone sits above XRP<\/h2>\n

Glassnode\u2019s Sept. 6 realized-cap snapshot placed over $39.2 billion in the six-to-12-month XRP cohort and $27.5 billion in the one-to-two-year cohort. Together, the two groups represented 72.6% of the network\u2019s realized capitalization.<\/p>\n

Realized capitalization values each unit at the price when it last moved, mapping where the network\u2019s embedded cost basis sits, while market capitalization values every unit at today\u2019s price.<\/p>\n

The related supply-by-age snapshot from Aug. 15 put 31.36 billion XRP (46.22% of modeled supply) in the same two bands. Both breakdowns use addresses, which can represent individuals, exchanges, custodians, or other entities. Transfers and custody changes can also reset when coins last moved without marking a purchase.<\/p>\n

Almost half of modeled supply belongs to age bands whose average realized prices are above $2, but the data cannot show that every unit or beneficial holder in those bands is underwater.<\/p>\n

Glassnode\u2019s Sept. 11 realized-price data put the six-to-12-month cohort at $2.02 and the one-to-two-year cohort at $2.23. Realized price estimates a cohort\u2019s average acquisition cost from the market price when its coins last moved.<\/p>\n

Glassnode placed the three-to-six-month cohort near $1.40, the one-to-three-month cohort at $1.14, and the one-week-to-one-month cohort at $1.28. With XRP in the mid-$1.40s on Sept. 15, newer cohorts sat near or above their average costs, while the two groups dominating realized capital averaged below theirs.<\/p>\n

Recent buyers have less distance to profitability, while a move toward $2 would bring a much larger stock of historical capital into the modeled breakeven zone.<\/p>\n

\"XRP\"XRP
Infographic shows XRP\u2019s $2 cost zone, where two recent holder cohorts represent 72.63% of realized cap and 46.22% of modeled supply.<\/figcaption><\/figure>\n

Heavy rotation meets a policy catalyst<\/h2>\n

CryptoQuant contributor CryptoOnchain reported that Binance received 91.23 million XRP and sent out 113.91 million XRP on Sept. 11, with both gross flows being six-month highs.<\/p>\n