XRP Bullish Signal: Address Activity Spikes To Historical Levels

XRP Bullish Signal: Address Activity Spikes To Historical Levels
On-chain data shows the XRP active addresses metric has spiked to historical levels recently, a sign that may turn out to be bullish for the asset. XRP Daily Active Addresses Has Observed An Uplift Recently According to data from the on-chain analytics firm Santiment, address activity on the network reached its second and third-highest values ever during the last couple of days. The “active addresses” indicator tracks the total number of unique addresses that are participating in some kind of transaction activity on the XRP blockchain daily. This metric accounts for both senders and receivers. As the indicator only measures the unique number of addresses, it means that even if there are some addresses making multiple transfers on the network in a single day, their contribution toward the metric remains only one unit. Unique addresses can be thought to be the same as the unique users visiting the blockchain, so the active addresses indicator can tell us about the degree of traffic that the network is observing at the moment. When the value of this metr ..

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