XRP rebounded sharply, climbing over 25% to reach $1.41 after briefly dipping below $1.15. The rapid recovery occurred within 18 hours, driven by heightened whale activity, with 1,389 transactions exceeding $100,000—the highest level in four months. Active XRP addresses rose to 78,727 across an eight-hour window, the highest in six months, signaling increased network participation.
The price volatility comes as the broader crypto market experiences turbulence. XRP’s price movement has been closely linked with on-chain activity, as the token briefly touched over $1.50 before stabilizing. Current trading levels show support at $1.29 and resistance at $1.53.
Investors are watching on-chain metrics for signs of sustained momentum in XRP, with the latest activity suggesting growing participation on the network. If on-chain activity continues to rise, additional upside could emerge, though short-term volatility may persist.
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