XRP On-Chain Activity Soars 650% Amid Price Surge

XRP's on-chain activity has skyrocketed by over 650% in just two weeks as its market capitalization surged to $93.8 billion, a gain of more than $31.27 billion over the past seven days.

This massive increase in active addresses, from 47,180 to 356,070 between August 10 and August 24, indicates strong renewed demand for the token.

The growth in XRP's daily activity has coincided with a broader cryptocurrency bullish sentiment, with its price rising nearly 50% over the past week.