XRP Rally Gains Momentum with Network Participation Surging 654% in Just Days

XRP has emerged as one of the strongest performers in the crypto market after weeks of lackluster performance. The token briefly touched $1.76 before stabilizing near $1.50.

A sharp rise in network participation, with active addresses increasing by a staggering 654.71% to 356,070, has added fresh weight to the rally. This kind of spike usually reflects increased participation and can come alongside higher volatility in the token's price.

Analyst Casi Trades expects XRP to move toward $1.78, followed by a pullback to around $1.30 before another push to $2.57. The full five-wave structure could eventually take XRP to around $2.90, completing Wave 1 of a larger macro Wave 3.

Crypto Patel noted that the focus is now turning to $1.55, and holding above this level could set up another bullish move. A break below may lead to retracement or re-accumulation, with the long-term target remaining at the $5-$10 range.