XRP Network Activity Surges Over 67%. Will Price Follow?

The XRP Ledger has experienced a notable surge in on-chain activity, with active addresses increasing by 67.5%, from 27,352 to 40,366. The increase signals growing user engagement and possibly rising transaction volumes or renewed participation in XRP-based services.

$XRP network activity jumped 67.50%, with active addresses rising from 27,352 to 40,366! pic.twitter.com/fDiERMIYiz

— Ali (@ali_charts) April 21, 2025

The boost in activity coincides with rising optimism across the XRP community. Analysts attribute the growing interest to favorable technical patterns. They also point to the anticipation of today’s XRP futures launch on Coinbase Derivatives, approved by the US Commodity Futures Trading Commission (CFTC).

XRP Futures Launch Boosts Sentiment

The upcoming XRP futures listing is viewed as a pivotal event. Notably, futures products typically attract institutional participants and inject fresh liquidity into the market, which could drive short-term momentum for XRP.

The development follows the recent resolution of XRP’s long-standing legal battle, which had already improved market sentiment. While the legal win renewed interest, analysts now see the futures debut as the more direct trigger for the cryptocurrency’s next significant move.

Technical Patterns Suggest Breakout Ahead

In addition to the futures listing, technical analysts are monitoring a Wyckoff reaccumulation pattern forming on XRP’s chart. The asset seems to be progressing through the “Spring” and “Test” phases, which typically suggest weakening selling pressure.

A confirmed breakout above a key trendline, known as the “Jump Across The Creek” (JATC), could open the door for a move toward $3.55. That would represent a potential 70 percent increase from current levels.

If bullish momentum continues, a Fibonacci extension suggests a next target of $5.65 by June. Reaching that level would mark a full recovery from recent lows and could indicate the beginning of a sustained upward trend.

Additional Bullish Indicators in Play

Another bullish signal comes from a falling wedge pattern that has been developing since February 2025, according to chartist Jobcfx. A breakout between the $2.20–$2.40 range could drive XRP toward $4.00, matching the Wyckoff breakout projection.

Meanwhile, Bitcoin (BTC) is also forming a similar wedge pattern. If BTC breaks out first, it could lift the entire altcoin market, giving XRP a boost as it attempts to regain its previous highs.

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