Activity $XRP is rising amid a sharp deterioration in sentiment
On August 14, activity in the registry jumped to a two-month high: analytics company Santiment recorded 49,929 active addresses over 24 hours, despite sentiment toward $XRP reaching a three-month low. This increase occurred against the backdrop of trading of $XRP below the $1 mark, which led to a sharp divergence between on-chain activity and retail investors’ sentiment.
On August 14, activity in the registry jumped to a two-month high: analytics company Santiment recorded 49,929 active addresses over 24 hours, despite sentiment toward $XRP reaching a three-month low. This increase occurred against the backdrop of trading of $XRP below the $1 mark, which led to a sharp divergence between on-chain activity and retail investors’ sentiment.