XRP Price Increases 8% Amid Rise in Active Addresses and Whale Accumulation
XRP has experienced a price increase in the last 24 hours, driven by positive trends in two key on-chain indicators: Active Addresses and Whale Supply.
Key Developments
- Active Addresses have surged, currently showing levels approximately six times higher than January and February.
- Whale Supply Distribution indicates large holders accumulating XRP, adding 2.82 billion coins (6.5% increase) over recent months.
- Whales now hold 46.4 billion XRP, signaling strong long-term accumulation.
The increased activity among retail holders may reflect rising interest in XRP. As of now, XRP is trading at $2.51, up over 8% in the past week.
