XRP Watchers Debate Bottom Call as XRPL Transaction Volume Spikes
Photo: TheCoinrise
A reported surge in on-chain activity has analysts pointing to $2 as a near-term target, with some eyeing $7-$9 further out. XRP has drawn renewed attention from traders after reports of a sharp rise in activity on the XRP Ledger. CryptoPotato reported that XRPL volume has "exploded," prompting speculation that XRP's price bottom may already be behind it. Cryptopolitan, publishing a day later, put a figure on the move, citing a 6,000% surge in XRPL transaction volume alongside expectations of a rally toward $2.
Source: TheCoinrise
