XRP is currently demonstrating strong bullish indicators as it breaks free from a long-standing resistance pattern. Supported by significant improvements in technical measures, XRP’s on-chain activity surged by over 200%. On May 7, more than 824 million XRP tokens exchanged hands, indicating potential institutional accumulation or movement by large wallets, often referred to as whales. Investors should consider this upswing as a sign of growing interest and momentum in the XRP market.