XRP Network Activity Spikes 67% Overnight – Pump or Legit Breakout?

Ripple’s ledger erupts with activity as transactions surge—just another algo-driven fakeout or the start of a real rally? Whale wallets stir while retail traders scramble to decode the move. Remember: in crypto, ’network growth’ either means adoption or a well-timed pump-and-dump. Place your bets.

XRP Market Eyes Breakout As Active Addresses Surge

XRP bulls are holding strong as the market braces for its next major move. After staying consistently above the $1.80 level, XRP now appears well-positioned to continue its upward momentum. Analysts are becoming increasingly optimistic, especially as the broader macroeconomic environment hints at eventual easing. Once tensions between global superpowers begin to cool and markets gain clarity, many believe a large surge across crypto assets, led by XRP, could follow.

While sentiment grows more positive, some analysts warn of another leg down before a true breakout occurs. They suggest the market may need to establish a stronger demand base by dipping below current lows to shake out weak hands. This view contrasts with the more bullish narrative, but both sides agree: a major move is brewing.

Adding to the bullish thesis, crypto analyst Ali Martinez shared key data from Glassnode showing a significant uptick in XRP network activity. Over the past few days, active addresses on the XRP Ledger jumped 67.50%, rising from 27,352 to 40,366.

This spike signals heightened user engagement and increasing on-chain demand — often a precursor to notable price movement. With network activity accelerating and price structure holding firm, XRP may be nearing a critical inflection point.

Price Faces Key Technical Test: Can Bulls Defend $2 Level?

XRP is currently trading at $2.10, showing resilience NEAR a critical support zone. However, a technical warning is flashing on the chart. The 200-day exponential moving average (EMA) is on the verge of crossing below the 200-day simple moving average (SMA), a pattern that often signals weakening bullish momentum or potential market fatigue.

This development places added pressure on bulls to defend the $1.95 support level. A breakdown below this point could lead to further downside and reset market sentiment. For now, holding above this zone remains crucial to maintain short-term bullish structure and avoid a larger retracement.

On the upside, a decisive breakout above the $2.25 level would confirm renewed buying interest and mark the beginning of a recovery rally. Such a move could take XRP toward the upper boundary of its current range and reignite momentum across the broader altcoin market.

As XRP navigates this pivotal moment, traders are watching closely to see whether bulls can sustain the rally or if a deeper consolidation phase is coming. With network activity rising and investor interest holding strong, this price zone could determine the next major direction for XRP.

Featured image from Dall-E, chart from TradingView