XRP Traders Eye $1.90 Breakout Amid Soaring On-Chain Value

XRP's price has stabilized around $1.40 as traders eye a potential breakout to $1.90, according to chart analysts.

The token remains above its key moving averages, with the rising 200-day average near $1.35 serving as a crucial line of defense for buyers.

Behind the scenes, XRP's on-chain ledger has seen significant growth, with total value managed expanding 43 times over six quarters to reach $4.26 billion in Q2 2026.

The increase is largely attributed to tokenized real-world assets, such as Treasury bonds and private credit, which have driven most of the growth on XRP's network.