Chain Pressure

Prices rose in 3 of 3 coins, but transactions fell in 2 of 3.

This page asks whether a coin's move is also visible in everyday network use—or mainly in price and futures markets.

BTC, ETH and XRP through 2026-09-18

Orange = price · Blue = active addresses

BTCPrice +16.9%Addresses +4.9%

ETHPrice +16.1%Addresses +8.5%

XRPPrice +26.7%Addresses +8.7%

Coins higher · 30 days3 of 3BTC, ETH and XRP

Active addresses rising3 of 3Compared with 30 days earlier

Transactions rising1 of 3Compared with 30 days earlier

Transfers rising2 of 3Compared with 30 days earlier

Dollar fees rising2 of 3Compared with 30 days earlier

Net exchange withdrawalsBTC + ETHMore left than entered in seven days

Open contracts rising1 of 3Seven-day change

Network checks rising8 of 12Four checks across three coins

Price leaderXRP+26.7%

Without the leader+16.5%Average 30-day move

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Price can run ahead of the chain.

A rising coin is more convincing when addresses, transactions, transfers and fees improve too. Today only 8 of 12 network checks are rising.

Coin	Price · 30d	Active addresses	Transactions	Transfers	Dollar fees	Net withdrawals · 7d	Annualised funding	Open contracts · 7d
BTC	+16.9%	+4.9%	-8.6%	+24.1%	+11.7%	$212.3M	+6.8%	+1.1%
ETH	+16.1%	+8.5%	-17.0%	-38.0%	-53.3%	$215.5M	+3.7%	-0.9%
XRP	+26.7%	+8.7%	+22.2%	+19.4%	+109.6%	Not available	+2.8%	-1.3%

BTC has the highest annualised funding cost if its recent rate continued. That shows where futures traders are paying the most to hold a side; it does not prove the price move is false.

Remove the winner.

XRP is the 30-day price leader. Without it, the other two average +16.5%. This shows whether the headline is broad or carried by one coin.