đ XRP Back at $1 â Opportunity or Trap? đ
$XRP briefly dropped below the $1 mark, touching $0.99 for the first time since late 2024. While many traders are turning bearish, the on-chain data tells a more interesting story.
Over the last three months, XRPâs market cap has fallen nearly 29%, yet wallets holding more than 1 million XRP increased to 2,038. At the same time, active addresses surged from 12.2K to 20.5K in just one month, showing growing network participation despite the price weakness.
The key level remains $1.00. If XRP can hold this support and reclaim the $1.08â$1.09 zone, momentum could quickly shift back in favor of the bulls. However, rising whale wallets alone do not guarantee accumulation or an immediate breakout.
The market is at a critical point. Either smart money is positioning early for the next move higher, or investors are reading too much into bullish on-chain metrics.
đ Are whales accumulating, or is XRP testing holders' patience once again?
$XRP briefly dropped below the $1 mark, touching $0.99 for the first time since late 2024. While many traders are turning bearish, the on-chain data tells a more interesting story.
Over the last three months, XRPâs market cap has fallen nearly 29%, yet wallets holding more than 1 million XRP increased to 2,038. At the same time, active addresses surged from 12.2K to 20.5K in just one month, showing growing network participation despite the price weakness.
The key level remains $1.00. If XRP can hold this support and reclaim the $1.08â$1.09 zone, momentum could quickly shift back in favor of the bulls. However, rising whale wallets alone do not guarantee accumulation or an immediate breakout.
The market is at a critical point. Either smart money is positioning early for the next move higher, or investors are reading too much into bullish on-chain metrics.
đ Are whales accumulating, or is XRP testing holders' patience once again?