It has been reported that there have been significant increases in the address activity of the XRP network in the last two days, on the issue brought up by the blockchain analysis firm Santiment. So much so that Santiment determined that the network recorded the 2nd and 3rd highest address activity growth in its history for two days. With this increase in activity, which excites the XRP community, it seems that the price of the cryptocurrency has started to rise.
XRP stepped into the 0.5 dollar band, while continuing with a positive divergence among the largest cryptocurrencies with an increase of close to 5% today. This increase in activity, which led to increased positive sentiment in the XRP market, was previously recorded on March 18. Santiment shared on Twitter that after the increase in network activity on March 18, XRP recorded a value increase of close to 50% in the following days.
In the event of the same scenario, it is expected that XRP will once again outperform the market average. Ripple, which has been issuing assets in the latest developments regarding XRP, has recently made a new move to increase its market share in the field of CBDC and tokenization, while revealing its growth target with company and share purchases.
In addition, the expectation that the litigation process between the SEC and Ripple has come to an end has increased. Market commentators, on the other hand, keep their expectations strong for XRP, regardless of the SEC lawsuit. Finally, CryptoLaw founder and staunch XRP advocate John Deaton shared the view that individual investors will not participate in the rally until XRP reaches $2.
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