XRP Ledger User Count Nears 200,000: Is XRP Market Surge Incoming?

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. XRP's transactions are spiking Transaction count spikes Advertisement While its underlying network activity is subtly increasing, XRP is in a complicated state . According to on-chain metrics, the number of active users is getting close to 200,000, with recent readings of about 184,000. At the same time, unique active accounts are hovering above 20,000, and daily payment counts are holding close to 1.4-1.5 million. XRP's transactions are spiking This combination is important because usage is sustained rather than spiking at random, indicating genuine transactional demand as opposed to transient noise. XRP is weaker than expected on longer time horizons from a market standpoint. The long-term trend is obviously bearish, and the asset is still below its major moving averages. However, rather than continuing lower, the recent price action indicates stabilization. XRP has been building a horizontal base around the $1.30 level since the February breakdown, consistently blocking attempts to move much below it. HOT Stories Ripple Vet Doubts $10K XRP Price Target XRP Nears 'Unbreakable' Support, Will Dogecoin (DOGE) Hit $0.2 in New Rally? Big Ethereum (ETH) Price Test Incoming: Crypto Market Review XRP/USDT Chart by TradingView The main support is in the $1.30–$1.32 range. It has technical weight because it has undergone numerous tests and still holds up. The decline is restricted to range-bound behavior rather than a complete breakdown, as long as the price remains above it. Advertisement Transaction count spikes Resistance on the upside is located between $1.50 and $1.55, where the mid-term moving averages and the declining trendline converge. This area is reinforced as a supply zone because XRP has already failed to breach it once . The first significant structural change would be a clean breakout above that level, which might lead to a move toward $1.70. You Might Also Like Fri, 05/01/2026 - 05:17 Ripple Vet Doubts $10K XRP Price Target By Alex Dovbnya The current configuration is intriguing because of the discrepancy between price and network activity. While prices are still declining, user numbers and transaction volumes are trending upward. Price catching up usually resolves that type of divergence, but only if broader market conditions support it. Advertisement XRP has a real chance to reverse its local downward trend and rise if Bitcoin and the larger market stay steady. If not, instead of spurring a rally, the increasing network activity might just serve as a buffer, stopping a deeper sell-off. As of right now, XRP is in accumulation with strengthening fundamentals rather than a breakout. Whether or not buyers are able to reclaim the $1.50 resistance and turn it into support will determine whether that results in a surge. #XRP #Spot XRP ETF