XRP attracts crypto market interest because network use grows while experts predict price will explode. After dropping 30% the altcoin demonstrates rising bullish potential because many users start interacting with its blockchain network.
The XRP Ledger reports substantial increases in user engagement. Though XRP stood at its lowest point of the 2022 market season analytics firm Glassnode shows 490% growth in the number of active XRP addresses. More people started using XRP than Bitcoin during this time period because its figure increased by 490% while Bitcoin grew only 10%.
The different bond between retail investors and XRP shows that retail investors are more drawn to the asset as Bitcoin remains primarily held by institutional players.
XRP User Growth Indicates Bullish Sentiment
According to Glassnode, XRP earns more retail market interest during this market advancement phase. The rise in network engagement demonstrates both new investors entering the market and existing investors increasing their faith in XRP.
The crypto market usually experiences notable price advances when active addresses spike in popularity. Experts predict that this trend may apply to XRP and lead to substantial price growth in future weeks.
The past performance of XRP and Bitcoin since market bottom 2022 follows different paths despite their equal price growth.
The slow Bitcoin market growth follows approved ETFs and institutional investment. The XRP market activity slowed until retail investors pushed it into a strong upward trend in December 2024.
Normal consumers of cryptocurrency trade XRP to find strong price gains as their investment preference.
The crypto analyst Javon Marks expects XRP to increase by 4,400% which could take the altcoin to a $99 value through this market cycle.
Marks makes his forecast based on how XRP surged in the 2017 market cycle. His analysis shows that XRP has successfully exited a massive pennant pattern that frequently signals significant upswings.
The $3.317 resistance barrier set by the market previously came under testing today. Marks expects an upcoming market movement to drive XRP to new record values like it achieved before.
Marks says this price movement matches the earlier signs XRP demonstrated before its major 2017 price surge. The ongoing retail buying spree supports the idea that $99 should become possible.
XRP’s future results show positive potential despite temporary ups and downs. The sudden growth in XRP user activity, together with a rising positive outlook makes it seem ready to breach new market levels.
Although experts track past events and market patterns, investors must accept that crypto markets easily shift direction.
People are now taking another look at XRP since retail investors keep showing more enthusiasm and blockchain activity indicates buying pressure.