As the cryptocurrency market surges past once again above $2.o trillion valuations, Ripple’s XRP has been one of the biggest daily gainers among the top ten cryptocurrencies.
The XRP price is up 20% over the last 24 hours and is currently trading at $0.90 with a market cap of $42.9 billion. With this recent move, XRP has flipped giants like Cardano and Solana as it prepares for the next major rally for an entry back into the coveted top-five crypto club.
On-chain data provider Santiment reports that XRP recent price surge comes amid strong growth in its daily active addresses. The data provider reported:
XRP is +37% the past 4 days, and finally is reacting to its daily active address uptick that started in mid-January. #XRPNetwork‘s coin currently sits a tick above $0.82 and is outputting the same addresses as it did in early November at $1.18.
Courtesy: Santiment
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