XRP is showing renewed strength across the crypto market, with on-chain metrics pointing to growing investor confidence.
According to fresh data from Glassnode, 78.8% of all XRP holders are currently in profit, even as the token trades just below the $2.20 mark.
This means nearly eight out of ten wallets are holding XRP at a value higher than their purchase price — a strong signal for both existing holders and potential investors evaluating market sentiment.
Restored confidence in XRP
What makes this development even more notable is the sharp increase in on-chain activity. The number of daily active XRP addresses has surged by 182.7%, reaching 110,000.
This level of growth surpasses that of most other top cryptocurrencies in recent days, reflecting not only increased usage but also rising transactional momentum across the XRP network.
Supporting this trend is a significant rise in on-chain volume, with $1.3 billion worth of XRP moved in a single day, marking a 21.2% increase.
Such high-volume activity often indicates participation from both retail and institutional players, and reinforces the notion that XRP is gaining traction as a transactional asset, rather than just a speculative instrument.
The combination of a high percentage of profitable wallets and growing network activity tends to reduce short-term selling pressure. It also implies that XRP’s current strength may be fueled by organic demand and utility, not merely short-term speculation.
A hint at long-term growth
For long-term investors, the jump in active addresses is particularly promising. It suggests a rising user base and healthier network fundamentals — both of which are critical for sustainable price appreciation. Historically, increased utility and real-world adoption have served as key drivers for long-term crypto growth.
According to the latest CoinMarketCap data, XRP’s price has dipped slightly by 0.49% over the last 24 hours, now trading at $2.15.
Despite the marginal pullback, the token maintains a strong market position, with a total market capitalization of $126.71 billion.
Chart analysis shows a steep upward price trajectory, peaking above $2.18 before experiencing a brief correction below $2.15. The current price movement reflects typical market volatility, but the overall trend appears healthy amid strong on-chain fundamentals.
As on-chain metrics and market data converge, XRP seems well-positioned for a potential breakout, especially with increased activity and a large portion of holders already in profit. With rising confidence and usage, XRP could be gearing up for a major move — possibly one of the biggest of the year.
