3 XRP Ledger Records Are Signaling a Strong Recovery
Despite recent price drops, three key XRP Ledger records in January suggest a strong potential for recovery.Summary
Although XRP's price has recently weakened below $1.9 due to increased selling pressure on exchanges, on-chain data from the XRP Ledger (XRPL) shows significant underlying strength. Three key records were set in January: first, the number of wallets holding at least 1 million XRP has started rising again, with 42 new large wallets returning, signaling long-term accumulation by major players. Second, the 14-day average of DEX transactions surpassed 1.014 million, breaking a long-standing ceiling and indicating growing demand for token swaps and DeFi activity, potentially linked to Ripple's partnerships. Third, daily chain transactions have exceeded 2 million (reaching 2.5 million), mirroring historical patterns that preceded significant price rallies, including the 2025 surge above $3. These fundamental network growth indicators support confidence in a possible future recovery despite current negative market sentiment.
(Source：BeInCrypto)