#XRP/USDT🔥🔥

The value of XRP is approaching 2 dollars after the breakout of a bullish flag that led to new annual highs. XRP is nearing 2 dollars, as new partnerships and an increase in trading volumes propelled the altcoin to a new peak in 2024.

It reached a new annual high of 1.68 dollars after the altcoin continued forming a pattern of higher highs (HH). The crypto asset has risen 40% this week and could potentially surpass BNB to become the fifth largest cryptocurrency in the market.

Active XRP accounts increased by 100% in November. While the price of XRP has risen 232% in the last 30 days, its on-chain metrics also show a positive resurgence. Data from xrpscan highlighted that the number of active accounts or unique issuers on the XRP network rose from 15,592 on November 1 to a peak of 47,044 on November 16.

The overall average of active accounts doubled in November, rising from around 12,000 to 25,000 this month. Similarly, the number of new accounts activated on the XRP ledger recorded a significant increase in November, indicating the arrival of new users to the network.