Summary
⚈ XRP network activity surged 67.50% as price climbed from $1.97 to $2.26⚈ Tightened Bollinger Bands suggest incoming volatility; supply unlock may limit upside⚈ Upcoming SEC meeting could offer clarity on Ripple case and boost investor sentiment
XRP’s network activity, a measure of unique wallet addresses involved in successful transactions, saw a sharp increase from April 11 to April 20.
Namely, the metric marked a 67.50% surge in the aforementioned timeframe, per data from cryptocurrency market intelligence platform GlassNode shared by technical analyst Ali Martinez.
$XRP network activity jumped 67.50%, with active addresses rising from 27,352 to 40,366! pic.twitter.com/fDiERMIYiz
— Ali (@ali_charts) April 21, 2025
In the specified period, the price of XRP shot up by 6.09%, from $1.97 to $2.09. By press time on April 23, the token was trading at $2.26, having made an additional 8.13% move to the upside, with year-to-date (YTD) retur
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