XRP’s Hidden Signal: Spot the Move Before It Happens
On-chain analytics firm Santiment has revealed that spikes in XRP’s network utility often come before major price rallies.
XRP Network Activity Lit Up Before the Latest Surge
In a recent post, Santiment highlighted two key metrics: Transaction Volume and Circulation.
Transaction Volume tracks the total value of tokens moved on the blockchain daily. While it shows activity, not all movements reflect real economic transactions — some are just internal shuffles between wallets or exchanges.
Circulation filters this by counting only the unique tokens moved in a day, no matter how many times they change hands.
What the Data Shows
On August 1, XRP’s Transaction Volume jumped to $2.1B — a six-month high — just as the price was sliding toward $2.70. At the same time, Circulation rose to 1.12B tokens, indicating genuine organic transfers.
Shortly after, XRP’s price rebounded. Historical data shows that similar spikes in these metrics have consistently preceded price rallies. As Santiment puts it:
“Network utility spikes consistently foreshadow price jumps.”
From a technical perspective, XRP also broke out of a bullish triangle pattern — and, as predicted, the price has been climbing since.