XRP network activity surged, but price hasn’t kept pace with growing adoption. XRP’s price fluctuates with market inflows, showing volatility despite rising addresses. Increased trading volume signals strong market interest, despite recent price dip. The XRP network shows a sharp increase in active addresses, pointing to heightened interest in the platform. However, the price of XRP has not mirrored this surge. Despite growing adoption of the XRP Ledger by retail and institutional users, the token’s price performance is flat. This raises the question: why isn’t the price of XRP rising with increased network activity? XRP Ledger Activity Increases Active addresses on the XRP Ledger jumped from just 8,500 in July 2024 to over 47,000 in December 2024, demonstrating a rapid rise in network activity, according to data shared by STEPH IS CRYPTO on X. From just 8,500 active addresses in July 2024 to over 47,000 today #XRP Ledger activity is exploding! pic.twitter.com/yFfiow35d5 — STEPH IS CRYPTO (@Steph_iscrypto) December 24, 2024 Read also : XRP Price Outlook for 2025: Will XRP Surge to New Highs on the Bullish Wave? However, adding to this sentiment… The post XRP Network Growing: Why Isn’t the Price Rising? appeared first on Coin Edition .
