Coin

<ul class="wp-block-list">
 <li><strong>XRP on-chain activity has surged, with active addresses reaching a six-month high of 12,230.</strong></li>
 <li><strong>New wallet creations increased by 10.39%, while overall transaction volumes declined.</strong></li>
 <li><strong>Despite this uptick, XRP’s price recently fell below $0.50 due to broader market concerns.</strong></li>
</ul>
<p>Activity on the XRP blockchain is experiencing a remarkable resurgence. Recent data from CryptoQuant highlights a significant uptick in on-chain activity for XRP, with the number of active sending addresses reaching a six-month peak.</p>
<p>This renewed momentum has seen 12,230 active addresses engaged in daily activity, indicating a resurgence in market interest in XRP.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdFd0qvHKCi4-1Qurvb1_5Md26S2Oqp0U9YME2KjtTWVX_0zg1t_MXvah1eWOx36_lYn6Mlm0-1saW25Clg-HFknewjYwoiXkGGksD6kaUnzle2PdvwJny8UEAlqLaZjh_7nU-s4OoDMsErQDiz977nfWEY?key=--E_EhBNWQQe4CRmAMCVgA" alt="">
</figure>
<h2 class="wp-block-heading" id="h-what-heightened-on-chain-activity-means-for-xrp">What Heightened On-Chain Activity Means for XRP</h2>
<p>CryptoQuant analyst Maartunn <a href="https://cryptoquant.com/insights/quicktake/671ba4a235715d4d12577a51-XRP-Active-Sending-Addresses-reaches-a-6-month-high?utm_source=twitter&amp;utm_medium=sns&amp;utm_campaign=quicktake&amp;utm_content=maartunn&amp;utm_term=xrpl" target="_blank" rel="noopener noreferrer nofollow">pointed out</a> that this uptick strongly indicates shifting sentiment in favor of XRP and potentially the broader crypto market. Increasing active addresses often reflects heightened interest and asset movement on a blockchain, suggesting a rise in XRP’s relevance and utility.</p>
<p>Maartunn concluded by noting that whether this momentum will persist remains to be seen, but the recent activity is an encouraging sign for XRP holders.</p>
<h2 class="wp-block-heading" id="h-xrp-price-performance-lags-behind">XRP Price Perform…</h2>
<p>The post <a href="https://coinedition.com/xrp-on-chain-activity-hits-6-month-high-amid-renewed-market-interest/" rel="noopener noreferrer nofollow">XRP On-Chain Activity Hits 6-Month High Amid Renewed Market Interest</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

XRP On-Chain Activity Hits 6-Month High Amid Renewed Market Interest

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