XRP Ledger Daily Users Skyrocket 7x to 295K—Is a Major Price Surge Imminent?
XRP Ledger just flipped the script—daily active users exploded from sleepy to hyperspeed, hitting 295,000. That’s a 7x spike. And Wall Street’s still pretending not to notice.
Network activity doesn’t lie. While traditional finance plays catch-up, the XRPL is quietly onboarding users at a pace that’d make legacy payment rails blush. No middlemen, no bankers taking lunch breaks—just pure transactional velocity.
Price implications? When usage spikes like this, demand usually follows. But hey, maybe this time the ‘efficient market hypothesis’ will actually work in crypto’s favor. Or maybe the suits will keep shorting it until their Bloomberg terminals catch fire.
Whale Surge Signals Rising Confidence in XRP Ledger
The rise in large holders may reflect growing institutional or high-net-worth conviction in XRP’s long-term value.
XRP is trading at $2.2373 at press time, up 2.7% on the day, with prices ranging between $2.10 and $2.32 over the past week.
Trading volumes have surged, jumping 248% in the past 24 hours, indicating heightened market attention.
The XRP ledger is showing serious signs of growth, from both a usage and key stakeholder perspective.
The amount of interacting $XRP addresses has averaged over 295K per day over the past week. Its normal daily average over the past 3 months was approximately 35-40K.
… pic.twitter.com/RvxE8BSFAg
According to Coinglass, open interest has risen 3% to $4.02 billion, while derivatives volume has soared by nearly 300% to $9.57 billion.
The data points to a burst of short-term speculative trading rather than steady accumulation — a pattern that may precede sharp price movements in either direction.
The XRP shift may also reflect broader developments. On June 11, VivoPower, a publicly listed firm, announced a partnership with the Flare blockchain to generate yield from its XRP holdings.
The move could indicate that institutional players are looking for ways to leverage their crypto assets without liquidating them.
In May, VivoPower also invested $121 million in XRP as a strategic reserve, making it the first company in the world with an XRP-focused treasury.
XRP Continues to Consolidate
XRP is currently trading NEAR $2.236, following a period of volatile price action across different timeframes.
On the daily chart, the RSI is holding around 53, suggesting neutral momentum with no clear overbought or oversold conditions. Meanwhile, the MACD line has just crossed above the signal line, a potential early signal of short-term bullish momentum.
The 4-hour chart reflects a recent pullback after touching a local high of $2.35.
RSI has cooled to 42, and MACD shows bearish crossover with widening divergence, indicating that bulls are losing control in the short term. This aligns with a dip back into the lower Bollinger Band region, hinting at possible support around $2.21.
On the 1-minute chart, price action is consolidating tightly between $2.23 and $2.24. RSI and MACD are both flattening, confirming indecision among traders. With volume remaining modest, no breakout appears imminent at the moment.
If XRP holds above the 20-period SMA on the 4H, a rebound toward $2.30 remains in play. However, failure to defend $2.21 support could open the way for further downside toward $2.10.
