XRP Ledger Approaches 200,000 Daily Active Users
The XRP Ledger recorded a historic surge in daily active addresses, nearing the 200,000 mark with recent counts around 190,800. Activity has risen sharply from a typical range of 110,000‑150,000 earlier in the month, reflecting heightened engagement on the decentralized blockchain platform that underpins the XRP cryptocurrency.
Analysts note that while the on‑chain metrics suggest growing genuine usage, the price of XRP has remained stagnant, trading near $1.07 and facing resistance around $1.10. Technical indicators are mixed, with the Relative Strength Index just below neutral and the 200‑day moving average at $1.21, indicating that the price breakout has yet to materialise despite the usage gains.
Entities: XRP Ledger · XRP cryptocurrency · XRPScan