XRP Ledger has posted a sharp rise in on-chain activity over the past two weeks. Daily active addresses climbed from 23,000 to more than 39,500, a 71.7% increase, while XRP continued to trade around $1.04. That split between stronger network usage and weaker price action has become the main point of focus.
Network activity rises even as price remains soft
The active addresses metric covers more than trading volume. It tracks the number of unique wallets interacting with the network, which means the latest move suggests more users are transferring funds, increasing their activity on-chain, and adjusting positions. For XRP Ledger, that marks a notable pickup in network usage at a time when the token itself is still drifting lower.
The source describes the change as a concentrated surge across a 14-day window. A move from 23,000 daily active addresses to above 39,500 points to a solid rebound in usage, even though price conditions have not improved alongside it.
Attention turns to possible large-holder positioning
Historically, sudden increases in network activity have often fueled talk that large investors may be shifting exposure quietly or building positions in stages. The material does not provide wallet-level evidence or specific transfer data, but it does frame the latest jump as a sign that deeper capital flows may be worth watching, not just short-term retail interest.
XRP Ledger serves as the blockchain infrastructure for payments and asset transfers in the Ripple ecosystem. Spikes in transaction activity do not always translate into immediate gains in market value. Even so, a revival in on-chain usage is closely followed by traders looking for clues about XRP’s medium-term direction.
Technical picture stays weak below key averages
On the chart, XRP is still trading below its moving averages, keeping the technical outlook bearish. The exponential moving averages cited in the report stand at $1.12 and $1.24, well above the current price near $1.04. The contrast is clear: market value remains under pressure while core network engagement is improving.
In crypto markets, on-chain momentum is often treated as a leading signal. Higher network usage can support expectations that price may respond later, while weak network activity often makes rallies harder to sustain. For now, the key level mentioned in the report is the resistance zone near $1.50, with traders watching whether the recent rise in activity can ease pressure on XRP and support a recovery attempt.