According to Santiment data spotted According to cryptocurrency analyst Ali Martinez, whales bought about 1 billion XRP, which is equivalent to more than $2 billion.

Despite market volatility, the health of the XRP network remains strong, as evidenced by steady growth in the number of wallets, a critical indicator of adoption and user interest.

Latest santiment Data It reveals that XRP wallets have increased by 58,000 since the beginning of the year, representing 1% growth. This places XRP as one of the top-performing cryptocurrencies in terms of adoption, based on the number of unique wallet holders.

The rise in wallet numbers indicates that users and investors expect the network to expand in the future, without being hampered by short-term price fluctuations.

XRP price about to rise?

XRP chart He appears Signs of a “pennant” pattern forming, a setup characterized by rapid price movements after periods of consolidation. These patterns often indicate potential breakouts.

The current stabilization phase, represented by the formation of a triangle, may end at the end of the month. In the event of a breakout, XRP could target price levels 100% higher than its current value, according to analysts.

Resistance at $2.50 remains a critical threshold. On the downside, the support levels at $2.20 and $2.00 are key to watch. Failure to hold $2.20 could lead to a retest of lower levels, while a break above $2.50 could spark renewed bullish momentum.

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