The XRP Ledger experienced an approximately 70% increase in transaction executions, with around 15,000 active sending accounts and 170,000 daily active users. This growth is driven by increased payment activity, token issuance, and decentralized exchange operations on the network. Despite these improving fundamentals, XRP’s price remains stuck around $1.06, below all major moving averages, with an RSI below the neutral 50 threshold. The 200-day EMA stands near $1.39 and points lower. This divergence between actual network usage and market performance could lay the groundwork for a more significant recovery if network activity remains high.
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