The article reports that XRP experienced a significant spike in network activity with over 2 million transactions completed. The cause of this surge is unclear, but it is likely due to a transition of funds. Despite a period of decline, XRP is currently trading at around $2.23 and showing signs of a possible recovery. The increased transaction activity indicates higher network engagement and may lead to stronger price action. While XRP is still above critical support at $2.00, a test of lower support at $1.79 could occur if current levels are not maintained. A push above $2.50 would indicate a return to bullish momentum. The article suggests that the increased network usage could be a result of significant settlements, transactions, new alliances, or technological advancements. However, it also warns that if the surge in transactions does not result in buying pressure, XRP may struggle to maintain its value above $2.00. Traders are advised to closely monitor whether the on-chain activity translates into a stronger price trend, as the next few days will be critical in determining the significance of this spike.



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