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XRP Back in Growth Mode as Transaction Count Surpasses 2 Million
Ripple’s XRP has finally broken free from its downward trajectory and is now experiencing a significant surge in transaction volume. The token’s transaction count has surpassed the 2 million mark, indicating a renewed interest in the asset.
The recent upward momentum can be attributed to the growing network activity, which suggests that XRP is well-positioned to benefit from increasing adoption and investor interest. Despite failing to hold above $2.30, there may still be room for more growth as it continues to recover.
However, if the market fails to maintain its upward trajectory and cannot break through the resistance level of $2.30, we may see further selling pressure, with the next significant support potentially serving as $2.00.
In conclusion, XRP’s comeback and a notable increase in transaction volume suggest a bright future for the asset. As such, it is crucial to keep an eye on this token in the upcoming weeks due to its growing network activity, which indicates that it may benefit from increased adoption and investor interest.
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Source: u.today
