XRP has experienced a surge in active wallet addresses and a sharp drop in reserves on Binance.
The asset has recorded positive gains across various trading periods and its market cap has rebounded to $143 billion.
XRP active addresses have increased by 620% in a week, and the XRP Ledger has seen a 24% surge in the number of accounts since early 2024.
Various analysts hold different opinions on the future price of XRP, with some predicting a potential drop to $1 and others remaining optimistic for a bullish breakout.