Active XRP Users Cross 200,000 Threshold, Enabling Market Recovery

  • Network recovering
  • Downtrend never went away

XRP is exhibiting early indications of a structural recovery, not just in terms of price but also in terms of a significant increase in network usage. The number of active users has surpassed 200,000, a threshold that is typically associated with times of increased activity and better liquidity.

Network recovering

In contrast to transient price increases, user growth is a reflection of the network’s underlying demand. Following several peaks above 200K, the steady increase in active addresses through March indicates that XRP Ledger usage is stabilizing following a protracted slowdown. This is a pattern that is emerging, rather than a singular peak.

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XRP/USDT Chart by TradingView

Data on payment volume, however, reveals sporadic spikes, including a dramatic shift toward about 800 million XRP in a single day. These spikes show that capital is still moving through the network when circumstances are right, especially during high-liquidity times like the beginning of the trading week, even though they are not yet consistent enough to identify a trend.

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Downtrend never went away

With lower highs controlling the structure, XRP is still in a wider downward trend and unable to break through key resistance points. Selling pressure appears to be going down, though, given the recent formation of a higher low and a tightening range close to local support. Early accumulation phases are usually when this divergence occurs, improving on-chain activity while price lags.

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Title news

The current support zone surrounding recent lows continues to be the critical level. A recovery attempt toward the $1.50-$1.60 range, where significant resistance is located, will be made possible if XRP maintains this structure while user activity stays high. The first clear indication that momentum is changing would be a break above that area.

The on-chain enhancements will not matter in the near future, though, if support fails. Liquidity conditions, not just usage, will still determine price.

The endgame here is that XRP is moving from inactivity to engagement, but the price has not been able to keep up. Opportunities can be found in that gap, but the risk is still highest there. The market has not responded completely just yet.

Source: https://u.today/active-xrp-users-cross-200000-threshold-enabling-market-recovery