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**Title:** 1.6 Million XRP in 24 Hours: $2.5 Possible?
As the cryptocurrency market continues to experience extreme fluctuations, Ripple’s XRP has seen a significant spike in on-chain activity and price action. This unprecedented surge in volume could potentially be a turning point for the asset, paving the way for XRP to reach new heights.
In the past 24 hours, the XRP network has handled an astonishing 1.6 million transactions. While this is not entirely surprising given the rise in decentralized finance (DeFi) and the growing demand for cross-chain swaps, it remains a strong sign of increasing user interest. The increase in volume could be attributed to Ripple’s efforts to promote XRP adoption and growth.
Despite recent struggles, XRP appears to be gaining momentum. The price has been steadily rising from the $2.10 zone, approaching the critical resistance at around $2.25-$2.30. If this trend continues, it is not out of the question that we may see a move toward $2.50.
The RSI indicator is now above 50, indicating a shift in momentum towards a slightly bullish sentiment. However, this growth must be accompanied by an increase in volume to solidify any potential gains.
Source: u.today
