đ XRP Network Utility Signals â The Move Before the Moon?
Santimentâs latest on-chain data hints that XRPâs blockchain activity could be a crystal ball for spotting price surges before they happen.
đ Two Key Metrics:
Transaction Volume â Total value of tokens moved daily (spiked to $2.1B on Aug 1).
Circulation â Unique tokens transferred, filtering out repeated shuffles (hit 1.12B tokens).
On August 1, both metrics surged as XRP hovered near $2.70, marking a 6-month high in network activity. Shortly after, XRPâs price jumped â a pattern Santiment says happens often: âNetwork utility spikes consistently foreshadow price jumps.â
đ TA Check: XRPâs triangle breakout pattern adds bullish weight, supporting the rally.
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