XRP Ledger sees a remarkable 71.7% surge in activity! What does this mean for the price?

As the price of XRP slips below recent short-term lows, on-chain data reveals a significant uptick in network activity. Based on insights from analyst Ali Martinez, referencing Santiment data, the number of daily active addresses on the XRP Ledger has skyrocketed by 71.7% over the past two weeks—from approximately 23,000 to more than 39,500.

On-chain activity accelerates

This substantial increase signals a shift in user behavior that runs counter to the weak price trend visible on the chart. While XRP continues to drift downward around $1.04, the simultaneous surge in wallet activity across the network has caught market watchers’ attention.

The active addresses metric encompasses not only trading but also the total unique wallets conducting transactions on the network. This rise suggests users are moving funds, ramping up their network engagement, and actively readjusting their portfolios.

Speculation grows around large investor moves

Historically, such sharp increases in network activity have often been linked to major investors quietly shifting positions or accumulating holdings in stages. As a result, the latest figures highlight not just a spike in short-term user interest, but also bring deeper capital flows into focus.

The XRP Ledger is the blockchain infrastructure that underpins payments and asset transfers within the Ripple ecosystem. Although spikes in transaction activity don’t always correlate with changes in market capitalization, on-chain resurgences like this one are closely monitored for clues about XRP’s medium-term prospects.

A divergence emerges between price and core metrics

From a technical standpoint, XRP continues trading below its moving averages, reinforcing a bearish outlook. Exponential moving averages currently hover at $1.12 and $1.24, highlighting a stark contrast between declining market value and strengthening network engagement.

In the cryptocurrency world, on-chain momentum is often viewed as a leading indicator. Increased network usage can fuel expectations of price follow-through in the coming periods, while stagnant networks tend to struggle to sustain upward moves.

The strong uptick over the past two weeks may signal growing liquidity flows into XRP. Going forward, the key question for the market will be whether this heightened activity can alleviate pressure on the price and help fuel a recovery toward the critical resistance zone near $1.50.

The post XRP Ledger sees a remarkable 71.7% surge in activity! What does this mean for the price? appeared first on COINTURK NEWS.