XRP has registered a notable price jump in the last 24 hours as on-chain data shows bullish developments in two key indicators.
The Supply Distribution of XRP whales, which are large investors holding 1 million+ coins, has been consistently increasing, indicating ongoing accumulation of XRP.
Active Addresses, representing the number of XRP addresses participating in transaction activity, has seen a significant boost in March compared to previous months.
These positive developments suggest an elevated interest in XRP and raise expectations for the sustainability of the latest recovery rally.