XRP On-Chain Activity Surges 50% Amid Market Rebound

In a crypto market still marked by uncertainty, a subtle signal announces a trend reversal. XRP, long in decline, shows a sudden acceleration in its on-chain activity, with a 50% jump in payments within 24 hours. While the crypto stabilizes on a key technical support, some analysts mention the beginnings of a bullish reversal. Away from the spotlight, Ripple seems to be awakening the market’s attention.

A 50% Spike on the XRP Ledger: Concrete Signals on the Blockchain

While the XRP Ledger has just been adopted by Guggenheim, the network experienced a sudden surge in its activity on June 14th, with more than 1.34 million payments processed in a single day. This represents a 50% increase compared to the daily average of the previous month.

Indeed, this sudden increase could be linked to a rise in institutional volume or increased network usage. It is not simply a technical fluctuation. In XRP’s history, such movements often precede reversal phases.

This intensification of on-chain activity occurs as XRP evolves in a particularly sensitive technical setup. Several elements of chart analysis corroborate this renewed interest:

• A compression of prices between the 50/100 and 200 exponential moving averages (EMA), indicating a volatility squeeze conducive to a breakout;

• A repeated rebound on the 200 moving average, confirming the existence of a robust technical support defended by buyers;

• The Relative Strength Index (RSI) around the neutral level, suggesting the asset is neither overbought nor oversold;

• An absence of significant bearish reaction despite selling pressure, reinforcing the idea that underlying demand remains supported.

Taken together, these elements strengthen the idea that network activity is not an isolated epiphenomenon, but fits into a key technical moment for XRP.

Technical Targets and Reversal Risks: Between Bullish Breakout and False Hope

If XRP manages to break through the resistance zone between $2.32 and $2.40, a bullish price move becomes possible. A retest of $2.60 and perhaps even $3.00 is not out of the question if XRP breaks this resistance, especially if the on-chain metrics continue to improve.

This outlook is based on a well-known market setup: volatility compression, increased network utility, and absence of overbought signals.

However, this bullish hypothesis remains conditional. If the activity peak observed on June 14th proves to be an isolated anomaly, and not the reflection of sustained momentum, Ripple’s crypto could suffer a new pullback to the psychological threshold of $2.00.

This level, already tested multiple times, remains a key support. In the absence of structural confirmation (prolonged activity increase, volume strengthening, clear break of technical resistance), the most cautious traders will stay on the sidelines.

The explosion of activity on XRP thanks to the awakening of whales opens the door to a credible bullish scenario, but still uncertain. While the market seems to be waiting for a clear signal, the technical and on-chain elements converge towards a pivotal moment. It remains to be seen whether this momentum will be sustained by increased adoption, or if it will join the long list of fleeting surges in the crypto market.