XRP Sees Massive Activity Surge, But Can It Break Out?

According to Glassnode data, the XRP network experienced a massive activity increase of 626,854 active addresses on March 19, 2025.

Key Insights:

Active XRP addresses reached more than 626,000 on March 19 which marked the highest since April 2023, while XRP/BTC encountered another resistance point. Additionally, Ripple’s expanding ODL network alongside institutional interest signals that XRP might be ready for its next major price shift.

XRP massively used on March 19 as the number of active addresses reached more than 626,854 which marked the highest since April 2023. According to Glassnode data, user and investor participation had increased during this period.

Meanwhile, the recent increase in active addresses shows a direct correlation with the price increase that led the token to reach $2.55.

Furthermore, XRP price fell below $2.10 during early March when network activity decreased. However, the price started to rise again as the number of addresses went up.

This technical indicator shows an upcoming price breakout as it is forming with rising network activity. The next important resistance point for the token lies at $3.00 after it breaks $2.49.

Moreover, the positive outlook for Ripple strengthens through its expansion of On-Demand Liquidity (ODL) network into India and Brazil and Mexico and Southeast Asia. This move highlights XRP’s role in global finance as India ranks among the world’s largest remittance markets.

The recovery of XRP will gain momentum through increased institutional demand as RippleNet enables faster and cheaper cross-border transactions.

The XRP/BTC pair keeps charting a multi-year downtrend, which began in 2018, as it gets rejected from a crucial resistance point. The token remains constrained by continuous selling pressure during every attempt to breach its long-standing downward trendline.

This latest rejection of XRP occurred after it demonstrated strength during its accumulation phase yet failed to climb higher.

The SEC’s decision to conclude its investigation of ​​Ripple brought regulatory clarity, but optimistically, XRP has shown limited upward movement versus Bitcoin. The approval of an XRP spot ETF emerges as a pivotal element that could transform the current market dynamics.

And with the commodity classification of Ethereum, experts predict that XRP will follow suit. A successful approval of a spot ETF would open the door for institutional investors to participate, potentially leading to the breaking of the long-standing BTC resistance.

Meanwhile, the National Commercial Bank of Saudi Arabia announced its membership in RippleNet, which marks a significant adoption achievement. Operating with 400 branches and 5.6 million customers, the bank is one of the largest financial institutions operating in the Middle East.

The future value of XRP will be subject to speculation as additional banks adopt Ripple’s technology, which will ultimately increase demand for the token.

Moreover, the MACD indicator has started to turn bullish alongside strong buying interest in the lower support zone, which appears in the volume profile. Also, according to Bitcoin Ape analysis, XRP could reach $10 by April, but such a prediction would need an extreme increase in market demand.