 ▲ XRP (XRP) / ChatGPT-generated image |
XRP has fully recovered losses from last Thursday and laid the groundwork for a strong additional rally, as large whale transactions exceeding $100,000 and daily active addresses both reached all-time highs.
According to cryptocurrency-focused outlet The Crypto Basic on February 7 (local time), internal metrics of the XRP network are improving at an unprecedented pace, powerfully driving market buying pressure. On-chain analytics firm Santiment reported a sharp surge in large whale transactions over $100,000, noting that losses caused by the broader market downturn last Thursday have been completely recovered. Santiment assessed that this spike in network activity is acting as a strong leading indicator of a price rebound.
The number of active addresses actually using the XRP network has also soared to record levels, signaling that ecosystem expansion is gaining real momentum. The fact that daily active addresses have reached an all-time high demonstrates that robust underlying demand exists beyond simple price fluctuations. Santiment analysts stated that explosive growth in network activity often serves as a leading indicator of price rebounds and that XRP has now entered a very healthy growth trajectory.
Movements by whales, or large-scale investors, serve as a clear indicator of strong confidence in XRP’s long-term value appreciation. The frequent occurrence of transactions exceeding $100,000 signals that well-capitalized institutions or major investors are intensifying accumulation at current price levels. This accumulation strengthens downside support and provides resilience against future market volatility.
Against the backdrop of broader market instability, XRP’s standout strength can be attributed to easing regulatory uncertainty and rising network utilization. In particular, asset tokenization via the XRP Ledger and improvements in cross-border payment efficiency are translating into tangible gains in on-chain data, boosting investor expectations. Leading analysts are characterizing the current phase—where network indicators and price action align—as the formation of a strong bull flag.
Digital asset market experts project that with XRP’s network activity reaching all-time highs, sufficient energy has accumulated to break through key technical resistance levels. The surge in large whale inflows and explosive growth in active addresses suggest that XRP is ready to move beyond a mere technical rebound and enter a new phase of price discovery. Ultimately, how quickly XRP’s solid on-chain fundamentals translate into a sharp price appreciation will be the key point to watch going forward.
*Disclaimer: This article is for informational purposes only and does not accept responsibility for any investment losses incurred based on its content. The information should be interpreted solely as general information.*