🚀 XRP is approaching an important milestone and attracting investor interest.

💹 Experts think that XRP may experience a price rally by exceeding an important resistance level.

While Ripple's XRP has not performed as well as other cryptocurrencies, it is about to cross a major milestone. According to XRPL Services, the total amount of XRP tokens held in accounts is just under 60 billion (over $37 billion at current rates). This figure represents approximately 60% of the asset's total supply.

The number of addresses with zero balance is 1,595, which means that this amount is distributed among less than 5.1 million accounts. At the beginning of the year, the 5 million level was exceeded.

Other figures such as XRP payment volume and newly activated accounts also showed some revival. However, the number of transactions processed and the average number of transactions remain well below peak levels.

Increasing XRP adoption could improve liquidity and allow large transactions to occur without causing a significant impact on valuation.

It can also increase the reputation of cryptocurrency among the general public. These factors could attract more retail and institutional investors and start a price rally.

Many analysts are optimistic that the coming months will be extremely beneficial for XRP. X user Dark Defender examined certain indicators such as MACD (Moving Average Convergence Divergence) and Ichimoku to pinpoint a price above $1 in early April.

Alex Cobb also argued that XRP could rise to a new all-time high in the near future if it breaks the major resistance level at around $0.63.