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XRP Sees a Major Network Surge – But Why Is the Price Still Struggling?

XRP Sees a Major Network Surge – But Why Is the Price Still Struggling?

Photo: Coinpedia

XRP recorded 7,934 new wallets, while payment volume reportedly surged to 1.33 billion XRP, signalling increased network activity. Ripple's institutional developments and expanding XRPL ecosystem strengthen the long-term adoption narrative, although direct XRP demand remains uncertain. XRP must defend the $1.23 to $1.26 support zone and reclaim resistance to confirm a potential recovery, with $1.50 remaining a key upside hurdle. XRP price is trading near $1.25, with its price struggling to regain bullish momentum despite growing activity across the XRP Ledger.

Source: Coinpedia

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