The XRP Ledger is approaching 200,000 daily active users, with current levels around 190,800, marking a significant recovery after months of struggling to maintain even 100,000 users. Network activity surged during the last week of July, rising from the 110,000 to 150,000 range to near monthly highs. Despite strengthening fundamentals, XRP price has not yet confirmed the recovery, trading around $1.07 while remaining below the 50-day and 100-day moving averages. The 200-day moving average currently at $1.21 represents the next major obstacle before a potential trend reversal in favor of buyers.
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