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XRP network activity jumps 71% despite price drop near $1.04 support level

Protocol Fundamentals
28 Jun 2026
UToday
View Source
Bullish
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XRP's on-chain activity surged 71.7% over two weeks, with daily active addresses rising from 23,000 to over 39,500, signaling increased user engagement despite the price falling to around $1.04. This spike reflects more than speculative trading, indicating portfolio rebalancing or accumulation by large holders, which often precedes market moves. The network's rising activity contrasts with XRP's price trading below key moving averages, suggesting potential for a price rebound if liquidity inflows continue. Traders are watching to see if this fundamental strength can push XRP toward resistance near $1.50.

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