XRP’s network activity explodes to a record-high
After an extended bout with volatility, XRP’s network activity has hit an all-time high, a milestone likely to impact the asset’s price as it seeks to reclaim the $2 resistance level. The network has reached a record-breaking 6.26 million addresses holding 1 XRP or more, according to April 9 data from cryptocurrency on-chain analytics platform Glassnode. This data suggests that retail investors are increasingly betting on XRP, likely drawn by the asset’s affordability and optimism around future gains. XRP addresses with a balance of at least $1. Source: Glassnode XRP activity recovering from Q1 lows Notably, this uptick in participation comes after the XRP saw subdued activity in the first quarter of 2025 when the cryptocurrency received a major boost on the regulatory front as the Securities and Exchange Commission (SEC) moved to end the Ripple case. According to the Finbold Q1 2025 Cryptocurrency Market Report, the total number of XRP addresses surg...