XRP Active Addresses Hit Highest Level Since April 2023 – Will Price Follow?
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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP is trading above crucial support levels and showing signs of strength as the broader crypto market struggles with persistent selling pressure and macroeconomic headwinds. While many digital assets have suffered steep corrections in recent weeks, XRP has remained one of the most resilient performers, holding above key technical zones and attracting growing investor interest. Related Reading With market sentiment slowly recovering, many traders are eyeing XRP as a potential leader in the next wave of gains. Analysts believe that once the market stabilizes, XRP could be among the first altcoins to rally back toward previous highs. This optimism is supported by fresh on-chain data. According to metrics from Glassnode, the XRP network has recorded nearly 627,000 active addresses. This surge in network usage suggests growing interest and adoption, a bullish sign that often precedes price acceleration. High address activity typically indicates more users interacting with the network, whether through transactions, accumulation, or trading. If the broader market conditions improve, this spike in activity could fuel further upside for XRP. As it stands, XRP is positioned well above its key support range and looks primed for a breakout once bullish momentum returns to the market. XRP Network Activity Surges Bulls Defend Key Levels Macroeconomic uncertainty and surging volatility continue to shake both the crypto and equities markets, fueling widespread fear and triggering panic selling across asset classes. U.S. trade war concerns, inflationary pressure, and erratic policy moves have kept…
Filed under: News - @ March 21, 2025 3:28 pm