XRP: +600% On-chain Activity In 4 Days, A Sustainable Rebound?

An explosive rise in network activity, renewed interest from traders, and a chart flirting with a technical breakout… XRP, often sidelined in recent months, is making a strong comeback. Behind this spectacular revival are rarely seen on-chain dynamics and a price at a crossroads. Should we see this as the return of a giant or just another illusion in the volatile altcoin theater? A dive into the most talked-about comeback of the week.

XRP Returns to the Radar: Network Activity and Volume Explosion

The Ripple news : since April 19, the XRP network has experienced a spectacular awakening. In just four days, on-chain payments surged by 600%, reaching a peak of 838 million XRP exchanged on April 23. On the same day, more than 11.7 million transactions were processed, an impressive leap signaling a real reactivation of the network. This is anything but an isolated coincidence.

Adding to that is a 67.5% increase in active addresses, according to analyst Ali Martinez.

XRP forms an inverse head and shoulders pattern, which could signal a breakout towards $2.70.

Meanwhile, trading volumes have exploded by nearly 90%, pushing XRP’s market capitalization above $130 billion. This resurgence indicates that the crypto is not just riding the wave: it is actively swimming against the market tide.

A Price Caught Between Support and Bullish Sky

On the chart side, XRP is not holding back either. After briefly touching the upper Bollinger resistance at $2.27, the token pulled back around $2.13, leaving traders on alert. The $2.06 support, represented by the 20-day moving average, becomes the frontline.

Technical analysis of XRP on April 24, 2025 – Source: TradingView

Two scenarios emerge. Either XRP bounces off this support, targets $2.27 again, and heads towards the bullish goal of $2.70. Or it breaks below $2.06 and plummets towards $1.86, or even $1.70. A classic double-edged sword, as markets often love.

But here, volatility plays in favor of the XRP price . The asset has already broken the 50 and 100-day moving averages, a notable bullish signal. In short, the technical situation is neither desperate nor euphoric: it calls for caution but leaves the door wide open for a breakthrough.

Is XRP’s Comeback Sustainable?

This revival is not explained merely by a technical twist. XRP was long frozen in waiting for regulatory news, concrete network initiatives, and a return of investor confidence. Today, the equation seems to be changing.

The XRP Ledger shows real signs of strength. The uptick in activity is not just a flash in the pan: it aligns with an overall revival of network dynamics. It is also not a simple speculative bubble. Volumes, on-chain activity, and technical analyses converge to paint a credible narrative.

The macro context also plays in its favor. While some altcoins are losing steam, XRP benefits from renewed interest from institutional investors and seasoned traders looking for a more mature yet still undervalued asset.

Historically, Ripple’s crypto likes to surprise. And as its previous rallies have shown, once it starts… it doesn’t stop easily. The question remains whether the momentum will be strong enough to write a new chapter in its history.

Between the promise of a technical breakout and the massive awakening of its ecosystem, XRP is more alive than ever. The current consolidation could be the calm before the bullish storm or the preparation for a relapse. But one thing is certain: Ripple’s crypto is no longer in the shadows. In fact, in India, it has already proven itself by dethroning Bitcoin and Shiba Inu in trading volume .