XRP Network Activity Soars 654% as Analysts Predict New Price Targets

Ripple (XRP) has seen a massive surge in network activity, with active addresses increasing from 47,180 to 356,070 - a staggering 654.71% jump in just days.

This sudden rise in participation is typically accompanied by increased volatility in the token's price, and XRP has indeed been trading on a tear.

The asset briefly touched $1.76 before stabilizing around $1.50, but analysts believe that this could be the start of a new trend for XRP.

Casi Trades predicts that XRP will first move towards $1.78, followed by a pullback to roughly $1.30 before another push to $2.57 - potentially completing Wave 1 of a larger macro Wave 3.