XRP Shows Potential Warning Signs Despite Recent Rally
Following an impressive rally, XRP’s price soared above $2.95, with gains nearing 50% over recent weeks. However, a critical on-chain metric raises concerns: the network’s active addresses have plummeted by over 50% from their peak in June. This sudden decline could signal a potential slowdown in momentum, prompting investors to consider the sustainability of the rally. As market dynamics shift, careful analysis becomes crucial before making investment decisions related to XRP. Observers should monitor ongoing developments as the market landscape continues to evolve.