XRP on-chain indicators surge, price may see a breakthrough

According to CryptoPotato, XRP on-chain indicators show that the trading volume of XRP has reached a new all-time high, with the average transaction volume per ledger also reaching a new high. The significant increase in the number of XRP wallets indicates an increase in user base, which may boost investor confidence. The price of XRP remains stable between $0.60 and $0.65 amid positive market sentiment. With Bitcoin's recent surge, the bullish sentiment in the overall cryptocurrency market may impact the future price trend of XRP.

According to data from xrpscan, as of December 31st, the trading volume of XRP surged to nearly 7 million transactions, reaching 6.9 million transactions on the following day - both record highs. Additionally, over the past three days, the average transaction volume per ledger remained above 300 transactions - a high level. The increase in trading volume indicates growing usage and interest in the XRP network, which could elicit a positive response from investors and lead to price increases. The number of XRP wallets is rapidly increasing and approaching 5 million compared to around 4 million at the beginning of last year. This development typically signifies growth in user base and adoption rate for XRP, potentially sparking excitement and confidence among investors while positively influencing their sentiments.