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XRP: Surging Network Activity Fuels Bullish Momentum Toward New Highs

XRP: Surging Network Activity Fuels Bullish Momentum Toward New Highs

Author:
XRP News
Published:
2026-03-20 04:07:19
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The XRP Ledger is witnessing a powerful resurgence, with key network metrics reaching multi-week and all-time highs as its native token, XRP, experiences a significant price rally. According to recent data, daily active wallets on the ledger surged to 46,767 on March 16, marking the highest level of activity seen since February 12 and representing a five-week peak. This surge in user engagement is further underscored by a landmark achievement: the total number of non-empty wallets on the XRP Ledger has now surpassed 7.7 million for the first time in its 13-year operational history. This milestone is a strong testament to growing adoption and sustained interest in the network's utility. This notable uptick in fundamental network activity coincides perfectly with a robust price performance for XRP. Data from Santiment indicates that over a 48-hour period, XRP's price surged by approximately 14%, successfully breaching the psychologically significant $1.60 level. The correlation between rising on-chain activity and positive price action is a classic bullish signal often monitored by professional practitioners. Increased wallet activity and expansion typically suggest heightened user interaction, which can precede or accompany sustained upward price movements as network value perception grows. From a professional and bullish perspective, this development is highly encouraging. The simultaneous growth in both active users and total wallet addresses indicates organic, fundamental strength beyond mere speculative trading. It suggests that the XRP Ledger's core use cases—particularly in cross-border payments and settlements—are gaining traction. As we look toward the future, this foundational growth supports a positive outlook for XRP's valuation. While specific future target prices depend on broader market conditions and regulatory clarity, the current technical and on-chain momentum suggests the potential for XRP to challenge higher resistance levels. The breach of $1.60 could pave the way for a test of the next key thresholds, with the strengthening network fundamentals providing a solid base for any continued rally. For investors and observers in the digital asset finance sector, this confluence of metrics presents XRP as a cryptocurrency demonstrating both utility-driven growth and promising market performance as of March 2026.

XRP Ledger Activity Surges to 5-Week High Amid Price Rally

The XRP Ledger is experiencing a resurgence, with network activity hitting a five-week peak as its native token rallies. Active wallets surged to 46,767 on March 16—the highest daily count since February 12—while total non-empty wallets crossed 7.7 million for the first time in the ledger’s 13-year history.

Santiment data reveals the growth coincides with XRP’s 14% price surge over 48 hours, breaching the $1.60 level. The uptick in active addresses signals heightened transactional demand, often a precursor to sustained bullish momentum.

Yet rising exchange supply looms as a potential headwind. The ledger’s expanding user base now faces its next test: whether organic adoption can outweigh speculative trading pressure.

XRP Surges 11% Amid Long-Term Holder Accumulation

XRP has rallied 11% over the past week to $1.53, reclaiming its position as the fourth-largest cryptocurrency by market cap at $93.4 billion. The breakout past the $1.40 resistance level triggered a 125% surge in trading volume, reaching $3.22 billion.

Long-term holders accumulated over 351 million XRP in a single day on March 1, marking the strongest inflow in months. Meanwhile, open interest on Binance futures rose 59% since October 2025 to 353 million XRP, indicating new leverage entering the market.

Despite institutional outflows of $28 million from XRP ETFs last week, retail interest continues to grow. The $1.55 resistance zone remains a critical test for further upside.

XRP Outpaces Bitcoin and Ethereum in South Korea as Trading Volume More Than Doubles

XRP's spot trading volume surged 115% to $1.84 billion in the past 24 hours, eclipsing both Bitcoin and Ethereum in South Korean markets. The dramatic spike signals renewed institutional interest in the embattled token following its partial legal victory against the SEC last year.

Market analysts note the volume surge coincides with growing adoption of Ripple's payment solutions by Asian banks. "When you see this magnitude of volume concentrated in a single jurisdiction, it's typically hedge funds repositioning rather than retail speculation," said Seoul-based crypto trader Min-ji Park.

Coinbase XRP Orderbook Shows Imbalance Favoring Upside Movement

The XRP orderbook on Coinbase reveals a striking structural imbalance, with upward price momentum appearing significantly easier to achieve than downward movement. Current data suggests pushing XRP to $2.25 would require nine times less market effort than driving it down to $0.75 from present levels.

This orderbook asymmetry points to latent buying pressure beneath current prices, potentially foreshadowing bullish momentum. Market makers appear to be positioning for upside, with fewer liquidity barriers obstructing a potential rally toward the $2.25 level compared to the support required to maintain lower price thresholds.

XRP Trader Nets $618K Profit on $7.73M Long Position Amid Market Rally

A prominent crypto trader, identified as Auros, has sparked interest in the XRP community with a leveraged long position worth $7.73 million. The bet has already yielded $618,000 in profits as XRP's price surges.

The move highlights growing institutional confidence in XRP despite regulatory uncertainties. Market observers note such large positions often signal bullish sentiment among sophisticated traders.

XRP Ledger Hits Record 7.7M Wallets Amid Surging Activity

The XRP Ledger (XRPL) has reached a historic milestone, with non-empty wallets climbing to 7.7 million for the first time in its 13-year history. Network activity surged as daily active addresses hit 46,767—a five-week high—while XRP’s price rallied nearly 10% in 48 hours to breach $1.60.

Exchange reserves swelled to 2.85 billion XRP, signaling tokens migrating back to trading platforms. On-chain data reveals accelerating user adoption, with wallet growth persisting even during market downturns. The resurgence follows a February low of $1.11, with renewed buying pressure propelling participation.

Santiment’s March 16 data underscores the network’s resilience: steady address creation continues regardless of price volatility. This organic growth suggests deepening utility beyond speculative trading.

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