According to U.Today, despite a 35% surge in XRP's price, the network has not seen significant new inflows. On-chain data reveals that the majority of activity is driven by existing traders and holders, with few new accounts being activated during this period. This suggests that the excitement is primarily within the current community rather than attracting new participants.

While the number of newly activated accounts has remained stable, there has been an increase in the average number of transactions per ledger and the volume of payments between accounts. This indicates heightened trading and transaction activity among existing holders, but it also points to a lack of broader market acceptance.

Significant support and resistance levels for XRP include the 50 EMA at $0.4968, the 100 EMA at $0.5184, and the 200 EMA at $0.5249. If XRP remains above these levels, it may stabilize and potentially move towards higher resistance levels around $0.65. However, the Relative Strength Index (RSI) suggests that the token is nearing overbought conditions, which could lead to a brief correction or consolidation phase.

The sustainability of XRP's price rally is uncertain due to the lack of new investor inflows. For XRP to maintain its upward trajectory, it is crucial to attract new investors and increase network activity. Without new participants, the rally may not be sustainable in the long term.