XRP’s price has been climbing, hitting $2.30, and its network activity is exploding! This is great news for XRP holders.
A Surge in XRP Wallet Activity
The number of active XRP wallets is way up. Santiment, a crypto data company, shows a huge jump in recent weeks. We’re talking a massive increase from a daily average of 35,000-40,000 to over 295,000! This suggests more people are using the XRP Ledger.
This isn’t just small investors either. Big players (“whales” and “sharks” – those holding 1 million XRP or more) are also buying up XRP. For the first time ever, over 2,700 of these large holders are in the game. This shows strong belief in XRP’s future.
What Does This Mean for XRP’s Price?
All this activity points to a potential short-term price increase. One analyst, AlienOvicho, predicts XRP could hit $2.35 or even $2.41. But to get there, it needs to stay above $2.10. If it does, things look very positive for XRP.