During the time of the report, the altcoin’s price rose above the $2.61 level, marking its highest level in the past month. Santiment pointed out multiple conditions that are responsible for the recent notable upside move to the top 3 crypto and the asset’s price push toward key resistance zones.
Another key reason Santiment stated is the recent acceptance of XRP by Travala as a payment method, bolstering its position as a functional utility crypto asset. This acceptance of the asset by Travala also reflects its potential as a long-term financial asset.
The additional 638,000 non-empty wallet addresses imply an over 11% increase thus far in 2025 alone. Currently, XRP’s overall holders are approaching 6.5 million for the first time in the network’s 12+ year history following the newly added 638,000 non-empty wallet addresses.
At the time of writing, XRP was trading at $2.49, indicating a nearly 4% increase in the last 24 hours. Investors’ sentiment has strongly turned bullish, as evidenced by a more than 179% increase in trading volume in the past day.