ExchangeDEX+
Buy CryptoMarketsSpotFuturesBTCEarnEvents
More
The post 100% XRP Surge in New Users: What’s Behind This Spike? appeared on BitcoinEthereumNews.com. XRP payments skyrocket XRP EMAs locked Data indicates that the number of newly activated accounts doubled in a matter of days, indicating a dramatic on-chain surge in new user activity on XRP’s network. Almost 9,900 new accounts were registered by XRP on Oct. 30, which was one of the biggest single-day increases in months. XRP payments skyrocket Although the underlying cause is still unknown, this spike is consistent with an increase in transactional activity and payment volume throughout the network, suggesting a resurgence of user interest. On-chain data shows that on Nov. 1, the number of payments between accounts exceeded 1 million, and the payment volume increased to more than 1.2 billion XRP. XRP/USDT Chart by TradingView Increased network utility is usually indicated by such synchronized growth in both new accounts and transaction volume, indicating that new users are actively transacting rather than merely speculating. Technically, this fundamental increase has only slightly affected XRP’s price. After weeks of declining pressure, the token now trades at about $2.52, forming a mildly rising structure. XRP EMAs locked The 100-day and 200-day moving averages are located at $2.70-$2.80, where the chart displays a distinct ascending support line with resistance. A break above these could lead to $3.00, but if the upward momentum is not sustained, there is a chance of another decline toward $2.35. It is still unclear what’s driving this network-wide renaissance. It might be an indication of fresh institutional testing of Ripple’s international payment options, especially in advance of possible regulatory clarification. Alternatively, it might be the result of retail users getting back involved following XRP’s protracted underperformance in comparison to other significant assets. You Might Also Like But sustainability is still the crucial issue, in spite of these positive on-chain spikes. Long-term growth is not assured by a sudden spike… The post 100% XRP Surge in New Users: What’s Behind This Spike? appeared on BitcoinEthereumNews.com. XRP payments skyrocket XRP EMAs locked Data indicates that the number of newly activated accounts doubled in a matter of days, indicating a dramatic on-chain surge in new user activity on XRP’s network. Almost 9,900 new accounts were registered by XRP on Oct. 30, which was one of the biggest single-day increases in months. XRP payments skyrocket Although the underlying cause is still unknown, this spike is consistent with an increase in transactional activity and payment volume throughout the network, suggesting a resurgence of user interest. On-chain data shows that on Nov. 1, the number of payments between accounts exceeded 1 million, and the payment volume increased to more than 1.2 billion XRP. XRP/USDT Chart by TradingView Increased network utility is usually indicated by such synchronized growth in both new accounts and transaction volume, indicating that new users are actively transacting rather than merely speculating. Technically, this fundamental increase has only slightly affected XRP’s price. After weeks of declining pressure, the token now trades at about $2.52, forming a mildly rising structure. XRP EMAs locked The 100-day and 200-day moving averages are located at $2.70-$2.80, where the chart displays a distinct ascending support line with resistance. A break above these could lead to $3.00, but if the upward momentum is not sustained, there is a chance of another decline toward $2.35. It is still unclear what’s driving this network-wide renaissance. It might be an indication of fresh institutional testing of Ripple’s international payment options, especially in advance of possible regulatory clarification. Alternatively, it might be the result of retail users getting back involved following XRP’s protracted underperformance in comparison to other significant assets. You Might Also Like But sustainability is still the crucial issue, in spite of these positive on-chain spikes. Long-term growth is not assured by a sudden spike…

100% XRP Surge in New Users: What’s Behind This Spike?

Author: BitcoinEthereumNewsSource: BitcoinEthereumNews
2025/11/02 20:21
XRP
XRP$1.9578-4.61%
Omnity Network
OCT$0.02309-7.49%
Moonveil
MORE$0.002163-3.30%
TokenFi
TOKEN$0.004573-5.02%
Nowchain
NOW$0.0007-5.40%
  • XRP payments skyrocket
  • XRP EMAs locked

Data indicates that the number of newly activated accounts doubled in a matter of days, indicating a dramatic on-chain surge in new user activity on XRP’s network. Almost 9,900 new accounts were registered by XRP on Oct. 30, which was one of the biggest single-day increases in months.

XRP payments skyrocket

Although the underlying cause is still unknown, this spike is consistent with an increase in transactional activity and payment volume throughout the network, suggesting a resurgence of user interest. On-chain data shows that on Nov. 1, the number of payments between accounts exceeded 1 million, and the payment volume increased to more than 1.2 billion XRP.

XRP/USDT Chart by TradingView

Increased network utility is usually indicated by such synchronized growth in both new accounts and transaction volume, indicating that new users are actively transacting rather than merely speculating. Technically, this fundamental increase has only slightly affected XRP’s price. After weeks of declining pressure, the token now trades at about $2.52, forming a mildly rising structure.

XRP EMAs locked

The 100-day and 200-day moving averages are located at $2.70-$2.80, where the chart displays a distinct ascending support line with resistance. A break above these could lead to $3.00, but if the upward momentum is not sustained, there is a chance of another decline toward $2.35.

It is still unclear what’s driving this network-wide renaissance. It might be an indication of fresh institutional testing of Ripple’s international payment options, especially in advance of possible regulatory clarification. Alternatively, it might be the result of retail users getting back involved following XRP’s protracted underperformance in comparison to other significant assets.

You Might Also Like

But sustainability is still the crucial issue, in spite of these positive on-chain spikes. Long-term growth is not assured by a sudden spike in new accounts or payment volume, particularly if it is not followed by consistent retention and liquidity inflows.

As of right now, the technical picture encourages cautious optimism, and XRP’s fundamentals show a glimmer of life. If this increase in users turns out to be real rather than fleeting, it may signal the start of new ecosystem expansion and possibly the beginning of a more robust recovery phase for XRP.

Source: https://u.today/100-xrp-surge-in-new-users-whats-behind-this-spike

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.9578
$1.9578$1.9578
-4.53%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Stark Reality Of Post-Airdrop Market Dynamics

The Stark Reality Of Post-Airdrop Market Dynamics

The post The Stark Reality Of Post-Airdrop Market Dynamics appeared on BitcoinEthereumNews.com. Lighter Trading Volume Plummets: The Stark Reality Of Post-Airdrop
Share
BitcoinEthereumNews2026/01/19 13:16
Headwind Helps Best Wallet Token

Headwind Helps Best Wallet Token

The post Headwind Helps Best Wallet Token appeared on BitcoinEthereumNews.com. Google has announced the launch of a new open-source protocol called Agent Payments Protocol (AP2) in partnership with Coinbase, the Ethereum Foundation, and 60 other organizations. This allows AI agents to make payments on behalf of users using various methods such as real-time bank transfers, credit and debit cards, and, most importantly, stablecoins. Let’s explore in detail what this could mean for the broader cryptocurrency markets, and also highlight a presale crypto (Best Wallet Token) that could explode as a result of this development. Google’s Push for Stablecoins Agent Payments Protocol (AP2) uses digital contracts known as ‘Intent Mandates’ and ‘Verifiable Credentials’ to ensure that AI agents undertake only those payments authorized by the user. Mandates, by the way, are cryptographically signed, tamper-proof digital contracts that act as verifiable proof of a user’s instruction. For example, let’s say you instruct an AI agent to never spend more than $200 in a single transaction. This instruction is written into an Intent Mandate, which serves as a digital contract. Now, whenever the AI agent tries to make a payment, it must present this mandate as proof of authorization, which will then be verified via the AP2 protocol. Alongside this, Google has also launched the A2A x402 extension to accelerate support for the Web3 ecosystem. This production-ready solution enables agent-based crypto payments and will help reshape the growth of cryptocurrency integration within the AP2 protocol. Google’s inclusion of stablecoins in AP2 is a massive vote of confidence in dollar-pegged cryptocurrencies and a huge step toward making them a mainstream payment option. This widens stablecoin usage beyond trading and speculation, positioning them at the center of the consumption economy. The recent enactment of the GENIUS Act in the U.S. gives stablecoins more structure and legal support. Imagine paying for things like data crawls, per-task…
Share
BitcoinEthereumNews2025/09/18 01:27
Nasdaq Company Adds 7,500 BTC in Bold Treasury Move

Nasdaq Company Adds 7,500 BTC in Bold Treasury Move

The live-streaming and e-commerce company has struck a deal to acquire 7,500 BTC, instantly becoming one of the largest public […] The post Nasdaq Company Adds 7,500 BTC in Bold Treasury Move appeared first on Coindoo.
Share
Coindoo2025/09/18 02:15