{"id":348433,"date":"2024-07-20T10:29:02","date_gmt":"2024-07-20T04:59:02","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=348433"},"modified":"2024-07-20T10:29:02","modified_gmt":"2024-07-20T04:59:02","slug":"xrps-price-surges-this-week-as-network-witnesses-bubbling-address-activity-santiment-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/xrps-price-surges-this-week-as-network-witnesses-bubbling-address-activity-santiment-crypto-news\/","title":{"rendered":"XRP\u2019s Price Surges This Week As Network Witnesses Bubbling Address Activity: Santiment &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/xrp\/\">XRP<\/a> Ledger (XRPL) has witnessed a surge in address activity this week, coinciding with a price pump for the crypto asset.<\/p>\n<p>The crypto analytics firm Santiment <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/santimentfeed\/status\/1814045463261417484\">notes<\/a> that the XRPL has recently seen a substantial amount of both new addresses created and total addresses interacting on the network, with both metrics hitting their highest levels since March.<\/p>\n<p><em>\u201cXRP Ledger is seeing a substantial amount of both new addresses created and total addresses interacting on the network. Both are at their highest levels since March.\u201d<\/em><\/p>\n<figure style=\"width: 2644px\" class=\"wp-caption aligncenter\"><figcaption class=\"wp-caption-text\">Source: Santiment\/X<\/figcaption><\/figure>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/santimentfeed\/status\/1814049057679315222\">Explains<\/a> the firm,<\/p>\n<p><em>\u201cThere is generally positive movement with an uptick in network activity like this. However, there is often a \u2018FOMO effect\u2019 at the initial stages when the spike happens that causes a correction like we are seeing. Now is the test to see if XRP\u2019s activity maintains these levels.\u201d<\/em><\/p>\n<p>XRP is trading at $0.574 at time of writing. The 8th-ranked crypto asset by market cap is up nearly 2.5% in the past 24 hours and more than 20% in the past seven days.<\/p>\n<p>In terms of the Ethereum (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/ethereum\/\">ETH<\/a>) rival Solana (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/solana\/\">SOL<\/a>), Santiment <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/santimentfeed\/status\/1814446899644248333\">envisions<\/a> a bullish short-term future for the asset.<\/p>\n<p><em>\u201cThe Solana faithful have been rewarded for their patience as prices have broken out +33% since the 4th of July. The climb is being fueled by crowd doubt toward SOL. Until (fear of missing out) FOMO replaces the (fear, uncertainty, and doubt) FUD, $200 SOL is very much reachable soon.\u201d<\/em><\/p>\n<figure style=\"width: 2635px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GS41e4DasAAxJ4j?format=jpg&amp;name=4096x4096\" alt=\"Image\" width=\"2635\" height=\"1762\" \/><figcaption class=\"wp-caption-text\">Source: Santiment\/X<\/figcaption><\/figure>\n<p>SOL is trading at $169.33 at time of writing. The 5th-ranked crypto asset by market cap is up more than 7% in the past day and nearly 22% in the past week.<\/p>\n<p class=\"p1\"><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">X<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The XRP Ledger (XRPL) has witnessed a surge in address activity this week, coinciding with a price pump for the crypto asset. The crypto analytics firm Santiment notes that the XRPL has recently seen a substantial amount of both new addresses created and total addresses interacting on the network, with both metrics hitting their highest [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":348435,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-348433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/348433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=348433"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/348433\/revisions"}],"predecessor-version":[{"id":348437,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/348433\/revisions\/348437"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/348435"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=348433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=348433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=348433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}