XRP Ledger Sees Surge in Active Addresses as Price Dips Below $1
The XRP Ledger saw a significant increase in active addresses yesterday, reaching approximately 49,929. This marks the highest level in about two months, despite XRP's price dipping below $1.
According to Santiment, this uptick in on-chain activity suggests that network usage is expanding even as the token's value faces downward pressure.
Historically, such divergences between price and network activity have sometimes preceded price recoveries, as they suggest underlying demand and engagement.