XRP Bullish Signal: Adoption & Utility Both Spike On The Network

Quick Summary:

On-chain data shows the XRP network has seen a burst of activity and address creation recently, something that could turn out to be a bullish signal.

XRP Active Addresses & Network Growth Have Both Spiked Recently According to data from the on-chain analytics firm Santiment, address-related indicators have spiked for XRP recently.

The Daily Active Addresses by itself contains no information about this split, so it can be hard to speculate on the matter using this indicator alone.

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: Hungary

Topics: XRPUSDT XRP Active Addresses XRP Bullish XRP Adoption XRP Network Growth XRP Utility XRP Bullish Signal XRP

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-21 @ 21:30:07 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 451 words

Reading Time: 3 minutes read

Sentences: 29 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23179042

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 10 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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