Ripple’s [XRP] performance on the price charts has been muted for the past three weeks. Nevertheless, a recent report established that those holding 1-10 XRPs increased in mid-April despite the declining network traction. In mid-April, XRP dropped from $0.55 before consolidating between $0.44 and $0.48. Bears breached this range on 8 May after Bitcoin [BTC] dropped to $26k.