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: Ethereum Trades At A Critical Level – Major Reclaim Or Steep Drop Ahead? 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 investors on edge, leading to deep corrections in most cryptocurrencies. Yet, amid this uncertainty, XRP stands out with surprising resilience. Related Reading: Dogecoin Forms A Daily Bullish Pattern – Analyst Expects A Breakout To $0.43 Compared to leading altcoins like Solana and Ethereum, which have both suffered notable losses, XRP remains at a strong technical level. Bulls have managed to defend key demand zones, and the current focus is on reclaiming critical supply areas to validate a new uptrend. The asset’s ability to hold support despite market-wide weakness has caught the attention of analysts and investors alike. Top analyst Ali Martinez shared on-chain data from Glassnode, revealing that XRP’s network activity is surging. With nearly 627,000 active addresses—the highest since April 2023—XRP shows signs of renewed adoption and usage. Historically, spikes in active addresses correlate with bullish momentum, as rising participation typically reflects investor confidence and transactional demand. If XRP maintains its support base and continues to show strength in network fundamentals, it could be one of the first altcoins to break out once market sentiment recovers. The rise in active addresses may be an early indicator that a larger move is on the horizon. Price Holds Strong After Small Rally — Eyes Set on $3 Breakout XRP is trading at $2.41 after a volatile few days of sharp swings between support and resistance. The token surged over 33% from its recent low at $1.89, showing strong bullish momentum despite market-wide uncertainty. This rebound has placed XRP among the top-performing assets in the crypto space, attracting renewed attention from traders and analysts. The $2.30 level now stands as a key short-term support zone. If XRP holds above this level, bulls are likely to push toward the psychological $3 mark, which also aligns with a historical resistance area. A clean breakout above $3 could open the door for a rally toward range highs and potentially new all-time highs, depending on broader market sentiment. However, if XRP fails to maintain support at $2.30, a pullback into lower demand zones around the $2.00 or even $1.89 levels is possible. This would likely slow the pace of any recovery and increase selling pressure in the short term. Related Reading: On-Chain Data Signals Key Test For Solana At $135 Level – Insights For now, XRP’s price structure remains bullish, but maintaining momentum will depend on holding above key levels as the broader market stabilizes. All eyes are on the next move. Featured image from Dall-E, chart from TradingView
XRP has registered a notable price jump in the last 24 hours as on-chain data shows bullish developments in two key indicators. XRP Has Recently Seen Growth In Active Addresses & Whale Supply In a new post on X, the on-chain analytics firm Santiment has discussed about how two metrics related to XRP have changed recently. The indicators in question are the Supply Distribution of the whales and Active Addresses. First, the “Supply Distribution” measures the number of tokens that investors belonging to a particular group currently hold. Addresses are divided into these cohorts based on the amount of the asset that they are carrying in thire balance. The 1 to 10 coins group, for example, includes all investors who own between 1 and 10 XRP. In the context of the current topic, the whale entities are of interest. The cutoff for this group is defined as 1 million coins, with their being no upper bound to the range. At the current exchange rate, this amount converts to around $2.5 million, so only the large investors would be able to qualify for the cohort. Related Reading: Here’s Where Support & Resistance Lies For Solana, Based On On-Chain Data Now, here is the chart shared by the analytics firm, that shows the trend in the Supply Distribution for these key XRP investors: As displayed in the above graph, the XRP whales have constantly seen their Supply Distribution go up over the past year, implying that the large holders have been accumulating. Despite the recent downturn in the price, the cohort hasn’t broken this trend of buying, as its members have added another 2.82 billion coins to their holdings in the last couple of months, representing an increase of 6.5% for their supply. Following this increase, the 1 million+ coins holders now own 46.4 billion tokens of the cryptocurrency. The continued long-term accumulation from this group is naturally a bullish sign for the asset’s price. In the same chart, Santiment has also attached the data of the second indicator of relevance here: the Active Addresses. This metric keeps track of the total number of XRP addresses that are participating in some kind of transaction activity on the blockchain every day, whether as a sender or receiver. As is apparent from the graph, the XRP Active Addresses has seen a significant boost in this month of March, as the metric’s value has floated at levels approximately six times the ones from January and February. A high value of this indicator can be a sign that the interest around the asset is elevated, which is why more users are coming online to make moves on the network. In particular, the metric represents the activity level of the retail holders, who are large in number and drown out the count of the massive investors like the whales. Related Reading: Bitcoin Transfer Count Lowest Since 2023—Is This Bearish? It now remains to be seen whether the latest recovery rally of XRP would sustain, given these positive developments happening on the network. XRP Price At the time of writing, XRP is trading around $2.51, up more than 8% in the last seven days. Featured image from Dall-E, Santiment.net, chart from TradingView.com
XRP has enjoyed a rally beyond the $3.2 mark as on-chain data shows the cryptocurrency is among the altcoins witnessing the largest whale activity spikes. XRP Whale Transaction Count Has Exploded Recently In a new post on X, the on-chain analytics firm Santiment has shared the list of altcoins that have seen the largest jumps in Whale Transaction Count during the past week. The “Whale Transaction Count” here refers to an indicator that keeps track of the total amount of transfers occurring on a given network that are carrying a value of more than $100,000. Related Reading: Litecoin (LTC) Jumps 19%: What’s Behind The Rally? Only the whale entities are usually capable of moving such large amounts with single transactions, so the metric is assumed to reflect the level of activity in which these humongous investors are participating. When the Whale Transaction Count has a high value, it means the whales are making a large number of moves on the blockchain. Such a trend implies these key holders have a notable interest in trading the asset. On the other hand, the indicator being low suggests that large investors may not be paying much attention to the cryptocurrency as their transactions remain at a low level. Now, here is the table posted by the analytics firm that shows the ranking of the altcoins (with a market cap greater than $500 million) in terms of the percentage increase in the Whale Transaction Count over the past week: As is visible above, there have been seven cryptocurrencies that have witnessed a Whale Transaction Count spike of at least 100% in this period. The altcoin that most stands out on the list, however, is actually in the eighth spot: XRP (XRP). The asset has witnessed around an 81% increase in whale activity during the last seven days, which, while lesser than the others, is still more impressive simply because of the fact that the coin has a much more massive market cap. XRP would already have many whales active on the blockchain, so to still register a growth of this degree would imply an extraordinary rise in transactions in pure numbers. Generally, a high Whale Transaction Count is something that can lead to volatility in an asset’s price. The emerging price action can be in either direction, as the indicator only tracks the number of transfers and contains no information about whether the whales are making the moves for buying or selling purposes. Related Reading: XRP, Bitcoin Recovery Only Short-Lived? TD Sequential May Suggest So In XRP’s case, though, it would appear that these transactions have been for buying indeed, as its price has seen an impressive rally of almost 41% inside the window. Interestingly, the altcoin that has topped the list isn’t one with a variable price, but rather a stablecoin: Dai on the BNB blockchain. “For stablecoins, increased activity is typically a good sign that large levels of funds are being prepared to be swapped for altcoins that are common with that stablecoin’s trading pair,” notes Santiment. XRP Price At the time of writing, XRP is trading around $3.2, down 2% over the last 24 hours. Featured image from Dall-E, Santiment.net, chart from TradingView.com
On-chain data shows the XRP whales have participated in a significant amount of buying recently, a potential reason behind the asset’s surge. XRP Whales Have Added 470 Million Tokens To Their Supply Recently As explained by analyst Ali Martinez in a new post on X, the XRP whales have expanded their holdings over the last 10 days. The indicator of relevance here is the “Supply Distribution” from the on-chain analytics firm Santiment, which keeps track of the total amount of tokens that a given wallet group is carrying right now. Addresses or investors are put into these groups based on their current balance. Wallets with 5 coins, for instance, fall inside the 1 to 10 coins group. In the context of the current topic, the whale entities are the addresses of interest. Related Reading: Bitcoin Breaks $66,000, But Analyst Warns Against Fresh Longs—Here’s Why This group’s range is typically defined as 100 million to 1 billion XRP. At the current exchange rate, the lower end of this range converts to around $63.1 million, while the upper one to $631 million. Generally, the influence of any entity on the network goes up the more holdings that they carry, so the whales, who have quite the humongous balance, would carry some degree of power. As such, the behavior of these investors can be worth keeping an eye on, because even if it may not directly impact the price, it can at least tell us what the sentiment among this cohort is like. Now, here is a chart that shows the trend in the Supply Distribution of the XRP whales over the past several days: As displayed in the above graph, the supply of the XRP whales has registered a notable increase recently. More specifically, these humongous investors have added more than 470 million (almost $300 million) tokens to their wallets during the last ten days or so. From the chart, it’s visible that the bulk of this buying had come while the asset had still been trading around the $0.58 mark, suggesting that the whales believed the level to be offering a profitable window into the coin. The bet of these investors has clearly paid off, as the cryptocurrency’s price has increased from below the $0.59 mark to above the $0.63 level over the past weekend. Related Reading: Shiba Inu Rallies 34%, But Will FOMO End The Rally? While things have been going well for the coin so far, the indicator could be to keep an eye on in the near future, as what this cohort would do next can end up reflecting in the asset’s price once again. Naturally, if the indicator continues to go up, it will be a bullish sign for XRP since it would imply the whales are supportive of a further surge. On the other hand, a decline could be bad news, as it would mean the whales are participating in profit-taking. XRP Price At the time of writing, XRP is trading around $0.631, up 8% over the past week. Featured image from Dall-E, Santiment.net, chart from TradingView.com