XRP Price Eyes Breakout Amidst Surge in Network Activity and Investor Accumulation

XRP is currently trading at approximately $1.50, marking a modest 3% increase over the past 24 hours. This uptick comes as the cryptocurrency’s recent relief rally has encountered resistance around the $1.60 mark. However, a confluence of growing network usage and an increasing trend of holder accumulation suggests that XRP may soon find the impetus to decisively break through the persistent $1.50-$1.60 resistance zone.

Key Developments Fueling XRP’s Potential:

XRP Ledger Non-Empty Wallets Reach Record Highs:
Data from on-chain analytics firm Santiment reveals a significant surge in daily active addresses on the XRP Ledger (XRPL), reaching a five-week high of 46,767. This heightened network activity coincided with XRP’s price ascent to a four-week peak of $1.60, indicating a correlation between increased user engagement and positive price movements.

More notably, the total number of non-empty addresses on the XRPL has now surpassed 7.7 million for the first time in its 13-year history. Santiment highlighted this milestone in an X post on Tuesday, stating, "XRP Ledger now has more than 7.7M holders (non-empty wallets) for the first time in its 13+ year history." This sustained growth in network participants underscores the ongoing expansion of the XRP ecosystem, even during periods of market volatility. The firm suggests that this trend indicates investors are actively capitalizing on price dips to acquire XRP at a discount.

This pattern of accumulation aligns with the behavior of long-term investors who have reportedly increased their XRP holdings since the escalation of geopolitical tensions between the United States and Iran. On March 1st, a substantial spike in the XRP holder net position change was observed, exceeding 351 million XRP. This marked the strongest single-day accumulation event since February 1st, suggesting a significant influx of capital from strategic investors.

The XRP holder net position change metric tracks the 30-day supply shift among long-term investors. Positive readings, such as the one seen on March 1st, signify net accumulation, indicating that long-term holders are adding to their positions rather than divesting.

Whale Accumulation and Exchange Balance Declines:
Compounding the positive sentiment, XRP whales—entities holding substantial quantities of the cryptocurrency—have also ramped up their buying activity since the beginning of March. Data indicates that XRP’s Whale Flow, a 30-day moving average, turned positive in March for the first time since November 2025. This reversal signifies an end to a four-month period of persistent selling by large holders and suggests a renewed confidence in XRP’s future price trajectory.

This renewed interest from whales, coupled with a declining balance of XRP on cryptocurrency exchanges, could further bolster XRP’s price in the coming weeks. The amount of XRP held on exchanges has fallen to levels not seen since May 2021, implying that fewer tokens are available for immediate sale, potentially increasing buying pressure.

Crucial Resistance at $1.60 Needs to Become Support:
Technical analysis from TradingView indicates that XRP is currently attempting to breach a significant resistance zone spanning $1.50 to $1.60, a level that has capped its price for over six weeks. Analyst CryptoWZRD_ commented on X, stating, "XRP price needs to move above the $1.51 resistance." The analyst further suggested that holding above this level would likely trigger a rapid rally towards the $2.0 resistance.

Historically, when the XRP/USD pair has reclaimed this price territory, it has often preceded substantial upward price movements. The last instance of XRP trading above this level in December 2024 was followed by a nearly 90% rally in under a week. Similarly, in April 2025, this price range acted as a launchpad for a significant 64% XRP price surge.

Another analyst, CW8900, identified the $1.50-$1.52 range as a substantial "sell wall" for XRP. They posited that a successful break through this resistance could lead to a clear path upwards, with no further significant resistance encountered until the $1.95 level. This projected target aligns with the measured objective of a rounded bottom chart pattern and the 200-day simple moving average (SMA), suggesting strong technical confluence.

For bulls to capitalize on this potential, they must first push the price decisively above the pattern’s upper trend line, currently situated at $1.60, thereby validating the breakout.

As previously reported by Cointelegraph, a decisive breach above the upper trend line of a falling wedge pattern at $1.60 would shift the focus of XRP bulls towards a measured target of $2.55. Such a move could signal the potential end of the current downtrend and mark the beginning of a significant upward price trajectory.

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