XRP Sees Six-Month High Outflows Amid Surging Active Addresses
XRP is showing strong bullish signs as large amounts leave major exchanges, reaching the highest outflows since February. This reduction in selling pressure indicates stronger holding behavior as more XRP moves to cold storage.
The surge in active addresses on the XRPL Ledger is a significant indicator of rising wallet activity and trading interest. In just three days, active addresses surged 659%, from 47,180 to 356,070, indicating a sharp rise in network participation.
Spot trading volume has exceeded $12.5 billion, while new exchange features in Asia are also contributing to the uptrend. The introduction of native credit and privacy tools on the XRPL Ledger is another positive development, enabling direct DeFi access for all XRP holders.