$XRP Why the Sudden Surge?
XRP's strong performance today can be said to have given many 'long-term holders' a glimmer of long-lost hope.
Looking back over the past two years, although XRP has fundamental support (such as winning the lawsuit against the SEC and institutional applications coming to fruition), the price has remained relatively 'laid-back', neither hot nor cold.
Especially with the rise of new favorites like SOL, PEPE, and WIF, XRP was once marginalized.
But today, it's back! And not just a slight rebound, but leading the entire market!
Although there is no clear news driving this, there are a few points worth noting:
Capital Rotation: As BTC and ETH continue to fluctuate, the market has started to look for relatively undervalued classic assets.
On-chain Activity Recovery: The number of XRP on-chain transfers and the active addresses have clearly warmed up, indicating that someone is quietly positioning themselves.
Technical Breakthrough: The long-standing resistance level of $3 has finally been broken, triggering algorithmic buying.
In summary: This is not a momentary impulse, but an explosion after accumulation.
Why the sudden surge in XRP?
XRP's strong performance today can be said to have given many 'long-term holders' a glimmer of long-lost hope.
Looking back over the past two years, although XRP has fundamental support (such as winning the lawsuit against the SEC and institutional applications coming to fruition), the price has remained relatively 'laid-back', neither hot nor cold.
Especially with the rise of new favorites like SOL, PEPE, and WIF, XRP was once marginalized.
But today, it's back!
And not just a slight rebound, but leading the entire market!
Although there is no clear news driving this, there are a few points worth noting:
Capital Rotation: As BTC and ETH continue to fluctuate, the market has started to look for relatively undervalued classic assets.
On-chain Activity Recovery: The number of XRP on-chain transfers and the active addresses have clearly warmed up, indicating that someone is quietly positioning themselves.
Technical Breakthrough: The long-standing resistance level of $3 has finally been broken, triggering algorithmic buying. In summary: This is not a momentary impulse, but an explosion after accumulation.
