TL;DR
- Ripple’s network has witnessed a dramatic revival, with active addresses hitting new local peaks last Monday, a sign of renewed life in the crypto world.
- This surge in activity has been accompanied by a significant price increase for XRP, making it the top performer among the largest 10 altcoins. Who would have thought? 🤷♂️
The number of active addresses on Ripple’s network has soared to a multi-month high, with over 1.12 million users engaging with the platform on June 9. This data, courtesy of Glassnode and highlighted by the crypto analyst Ali Martinez, suggests that the network is regaining its lost glory. 🌟
$XRP active addresses reached 1.12 million last week!
— Ali (@ali_charts) June 16, 2025
When more users flock to a blockchain network, it’s usually a good omen for its future. It’s like a bustling market square, where the more people there are, the more vibrant and valuable the place becomes. 🏪
Despite XRP’s price being far from its 2025 highs in late January, it has still managed to make a significant daily gain. Ripple’s cross-border token has become the top performer among the top 10 altcoins, surging by over 7% in a single day. XRP even hit a multi-day peak of over $2.32 earlier today, before settling back to around $2.3. 📈
It’s worth noting that XRP took a hit on Friday when Israel launched its initial missile attack against Iran, plummeting to $2.08. But like a phoenix rising from the ashes, XRP has since added over 10.5% in value. 🌋🔥
For the latest and most intriguing XRP price predictions, you can dive into this article. 📖
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2025-06-16 19:47