From the recent market performance and on-chain data, the strong growth of XRP is not coincidental. It is driven by both capital inflows and fundamental support, presenting a positive trend worth noting overall.
Firstly, the surge in trading activity is a significant signal. A transaction volume of $29 million in one minute is uncommon for such large-cap assets, likely indicating the movements of whales or institutional-level funds. The entry of such funds is often strategic, allowing for positioning without dramatically impacting the market, and suggests that large capital recognizes the current value of XRP—after all, large allocations typically occur only when investors believe there is sufficient room for future price increases. Moreover, an average daily trading volume exceeding $8 billion further confirms the increase in market liquidity, providing a foundation for further price fluctuations.
From the price trend, XRP is currently priced at $3.52, up over 23% from a week ago, having broken through key resistance levels, even reaching a temporary high of $3.66, just a step away from the historical peak of $3.84. This rise is not an isolated occurrence, but rather benefits from an improved macro environment: the implementation of crypto regulations like the U.S. (Genius Act) has clarified the regulatory framework for digital assets, reducing institutional entry concerns; rumors of XRP potentially being included in retirement accounts and a possible ETF have added speculative space from the demand side. These factors collectively have driven up market sentiment.
More importantly, on-chain data shows that its growth has a 'realistic feel'. On July 18, the XRP Ledger processed over $1.4 billion in transaction volume, and active wallet addresses increased by 50%, indicating that user engagement is rising rather than merely speculation. The technical characteristics of XRP itself—super-fast transactions in 3-5 seconds and near-zero fees—give it a natural advantage in scenarios like cross-border payments and remittances, continuously attracting partnerships with payment providers and fintech platforms. This 'practical value' is the core confidence supporting its long-term trend.
However, short-term risks should also be noted. The current price increase has accumulated some profit-taking positions. If it cannot break through the historical high of $3.84, some capital may take profits, leading to a pullback. Furthermore, the sustainability of institutional funds, further clarification of regulatory details, and the overall stability of the cryptocurrency market (especially leading assets like Bitcoin) will all impact the continuity of XRP's trend.
In summary, XRP is currently in a 'capital inflow + sentiment warming + fundamentals solidifying' resonance phase. There is potential for a short-term surge to a historical high, but caution is needed regarding key levels in the bull-bear struggle. It is essential to focus on whether trading volume can continue to expand (especially when breaking through historical highs) and whether the growth in on-chain users is synchronized with price movements to determine the sustainability of the trend.
If you haven't made money yet, you might say you're just unlucky. But how are others steadily increasing their wealth in a bull market? To put it bluntly, the team is greater than the individual; news often comes a step behind, and you'll find yourself in a bind. Follow the cool leader, and let them guide you through this bull market.
