XRP on-chain daily trading volume skyrocketed to over 1 billion USD, with Large Investors strongly increasing their positions indicating the next pump?

The XRP network is experiencing a strong recovery, with the total on-chain transfer amount exceeding $1.07 billion on July 18, the highest in over a month. At the same time, the price has risen 67% in the short term, and there are clear signs of large investors continuing to build a position. Both on-chain active users and transaction numbers have surged, significantly warming the market's bullish sentiment.

XRP on-chain trading volume exceeds 1 billion USD According to data from XRPScan, on July 18, the total transfer amount on the XRP network reached $1.07 billion, setting a new high in over a month. This data coincided with the XRP price breaking the $3.5 barrier at the beginning of this month and achieving a strong rebound of 67%, becoming one of the most notable rises in the recent cryptocurrency market.

The recent active network activity linked with price indicates that market sentiment is rapidly warming up. Especially, the increase in on-chain capital flow and user addresses suggests that the network usage rate is genuinely rising, rather than being driven solely by short-term speculation.

On-chain data fully recovers Data shows that on July 18, the on-chain peer-to-peer payment volume of XRP reached 1.72 billion coins, with successful transactions exceeding 2.08 million, and the number of daily active accounts also rose to 10,279, the highest value in nearly a month. Such multi-dimensional data strengthening often indicates that the market is experiencing a substantial capital reallocation.

Large Investors Continuously Build a Position, Sending a Strong Signal At the same time, multiple analysts pointed out that XRP whales have recently been aggressively building positions. Analyst KingXRP from platform X disclosed that a large investor opened a long position in XRP worth $1.52 million when the price was around $3.44, targeting the upcoming RealFi integration plan. This integration is said to have the potential to connect the XRP Ledger to a real financial market (RealFi) opportunity valued at up to $650 trillion.

Market expert Radar also reported that two more whale-level long positions were established within the same range, valued at 1.02 million USD and 1.31 million USD respectively. This further confirms the return of bullish confidence among large investors.

XRP open interest hits a new high, market continues bullish In addition, the total amount of XRP futures open interest has surpassed 10 billion USD, setting a new historical high. This provides strong support for a subsequent price breakthrough, and the market generally expects that the continued involvement of large investors may drive XRP into a new rising cycle.

Conclusion: The surge in XRP on-chain transactions coincides with Large Investors building positions, as on-chain indicators and price performance resonate upward, bringing new bullish signals to investors. With potential benefits like RealFi approaching, XRP is becoming the focal asset of market attention. Continuously monitoring whale activity will be a key reference for determining the start of the next market cycle.

XRP-0.56%
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