XRP Recovers From Sub-$1.15 Dip as On-Chain Activity Reaches Multi-Month Highs

CryptoNewsLand
XRP3,16%
BTC0,52%
  • Within 18 hours, XRP had regained the level of $1.41, and it rose by more than 25 percent since the last time it was below $1.15.

  • Whale activity was up sharply, with 1389 transactions over $100,000, which is the highest since four months ago.

  • There was a rapid increase in network participation with active XRP addresses of 78,727 in an eight hour period, the highest level in six months.

XRP logged strong price volatility as wider crypto markets crashed, as on-chain activity registered increased within a tightened time frame. The token has gone up swiftly after it dropped beneath 1.15 indicating an increase in network activity and immense volumes of transactions in the process. XRP was trading at $1.41, at the time of reporting which is a 9.0% increase in a single day and a gain of 3.5 percent against Bitcoin at 0.00002069 BTC.

XRP Price Movement and Key Levels

Market data provided by Santiment showed that XRP recovered by over 25 percent since its recent relative bottom in the area. It is worth noting that the rebound was realized in a short period of less than 18 hours since price weakness increased. In the rebound phase, XRP had temporarily rebounded to the level of over $1.50 and then went back down.

At present, XRP is trading in a specific range of 24 hours, and the support is recognized at $1.29 and the resistance at $1.53 . Nonetheless, price is not lowest in recent years and it still is in an upward separating position to the previously located sub-1.15 price. The price architecture puts instant attention to the behavior of XRP as it moves within its set resistance area.

Whale Transactions and Ledger Activity Spike

Alongside price movement, Santiment data highlighted unusual activity across the XRP Ledger during the dip. In particular, there were 1,389 transactions that were above 100,000, which is the highest four-month figure. These trades concentrated throughout the fall in prices and went hand-in-hand with market insecurity.

Source: Santiment

Additionally, the number of active XRP addresses surged sharply within a short timeframe. The ledger recorded 78,727 unique active addresses during a single eight-hour period. This figure represents a six-month high and aligns closely with the rebound timing. Consequently, transaction data and address growth moved in tandem with price recovery.

XRP On-Chain Activity Shape Market Context

Market commentary from Egrag Crypto described the price action as challenging directional certainty for both bullish and bearish participants. In the meantime, Santiment placed the rebound into the framework of visible on-chain data as opposed to sentiment-driven stories.

Notably, the activity increment came as traders discussed that XRP had the potential to drop below the $1.00 mark. Nevertheless, ledger information demonstrated growing involvement at that time. Consequently, price action, transaction size, and address growth have been closely related during the rebound phase.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Rises 4% as Ripple Partnership and ETF Inflows Drive Recovery

XRP rose 4% to $1.41, boosted by Ripple's partnership with Kyobo Life and increasing institutional interest. Broader market gains and positive community engagement also contributed, though XRP remains 63% below its peak. Key support is at $1.38.

GateNews3h ago

XRP taps 44 million Rakuten users as Japan loyalty points turn into crypto

Rakuten Wallet has introduced XRP for trading and payments in Japan, allowing 44 million Rakuten Pay users to convert loyalty points into XRP, effectively integrating it into a major consumer commerce network. This move enhances everyday spending and expands XRP's reach in the market.

Cryptonews6h ago

Rakuten Pay Integrates XRP for 44 Million Japanese Users, Enables Payments at 5M+ Merchants

Rakuten Pay has integrated XRP, enabling 44 million users to spend the cryptocurrency at over 5 million merchants in Japan. This integration highlights a shift from trading cryptocurrencies to everyday payments, supported by Japan's favorable regulations and fintech infrastructure.

GateNews04-15 09:14

MoonPay Hints at Potential Ripple Collaboration With XRP-Themed Post

MoonPay's recent social media post featuring an XRP theme has sparked speculation about a potential partnership with Ripple. As both companies focus on enhancing cryptocurrency infrastructure, the implications of this possible collaboration, along with Ripple's initiatives in institutional finance, highlight a shift towards practical applications in the crypto space.

GateNews04-15 08:53

Gate’s “Crazy Wednesday” is live with a hot launch. Complete tasks to win XRP and Glenfiddich whisky. For USDT savings, earn up to 100% APY. For BTC/ETH/SOL staking, earn up to 16% mining APY.

Gate News message, according to Gate’s official announcement on April 15, 2026 Gate launches a “Crazy Wednesday” campaign, running from April 15, 2026 at 14:00 to April 19, 2026 at 16:00 (UTC+8). Users complete multiple tasks to unlock mystery boxes, with a chance to win XRP tokens and Glenfiddich whisky. The mystery box tasks include multiple categories such as flash swaps, spot, and futures trading, as well as top-ups, invitations, and VIP upgrades, and each tier corresponds to a different number of mystery box openings. Campaign Two launches a USDT wealth-management product, with a 14-day fixed-term annualized yield of 6%. New users can also participate in a 3-day product offering 100% annualized yield. In addition, Yu’e Bao also offers multi-currency wealth-management options such as USAT, USDD, 0G, and APT, with annualized returns of up to 300%. Campaign Three introduces a boosted rewards policy for staking users, offering up to a 16% annualized return for staking BTC, ETH, and SOL; for SOL staking, staking 0–1 coins can yield up to 16% annualized.

GateAnnouncement04-15 04:27

XRP Today News: CLARITY Act Pushes Through in May, Standard Chartered Bank Turns Bullish on $8

Ripple CEO Garlinghouse confirmed at the summit that the CLARITY Act’s goal for passage is by the end of May, and said that the controversy surrounding stablecoin yield rates is nearing resolution. If the bill passes, XRP is expected to rise to $5–$10; otherwise, it could fall back to $1.2. The bill’s passage would create a regulatory framework for the digital asset market, clarify XRP’s classification as a commodity, and reduce compliance barriers for institutional investors.

MarketWhisper04-15 02:58
Comment
0/400
No comments