{"id":141506,"date":"2024-11-06T11:02:05","date_gmt":"2024-11-06T09:02:05","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141506"},"modified":"2024-11-06T11:02:06","modified_gmt":"2024-11-06T09:02:06","slug":"xrp-sees-whale-accumulation-and-surge-in-activity-whats-next","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/xrp-sees-whale-accumulation-and-surge-in-activity-whats-next\/","title":{"rendered":"XRP Sees Whale Accumulation and Surge in Activity &#8211; What&#8217;s Next?"},"content":{"rendered":"<p>Data from CryptoQuant reveals that active accounts rose from under 10,000 in early October to over 24,000 by November 1, a level last seen in March 2024. This uptick suggests renewed interest in <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a><\/strong>, though the direction of price depends on whether the activity is driven by buying or selling.<\/p>\n<p><a href=\"https:\/\/cryptodnes.bg\/en\/xrp-sees-whale-accumulation-and-surge-in-activity-whats-next\/xrp-ledger-active-addresses-1\/\" rel=\"attachment wp-att-141508\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-141508\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/XRP-Ledger-Active-Addresses-1-scaled.webp\" alt=\"\" width=\"1086\" height=\"611\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/XRP-Ledger-Active-Addresses-1-scaled.webp 2560w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/XRP-Ledger-Active-Addresses-1-300x169.webp 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/XRP-Ledger-Active-Addresses-1-1024x576.webp 1024w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/XRP-Ledger-Active-Addresses-1-768x432.webp 768w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/XRP-Ledger-Active-Addresses-1-1536x864.webp 1536w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/XRP-Ledger-Active-Addresses-1-2048x1152.webp 2048w\" sizes=\"auto, (max-width: 1086px) 100vw, 1086px\" \/><\/a><\/p>\n<p>In parallel, XRP has seen substantial whale accumulation, with large holders adding around 390 million XRP (worth approximately $198.9 million) to their wallets over two weeks, a bullish signal that could support the price if these investors hold long term.<\/p>\n<p>Despite these positive on-chain metrics, XRP\u2019s price recently dropped from a high of $0.53 on October 29, dipping to the $0.50 support level before a mild recovery.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-markets-surge-after-donald-trump-wins-u-s-election\/\" title=\"Crypto Markets Surge After Donald Trump Wins U.S. Election\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/arrow-green-up-markets-trading-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Markets Surge After Donald Trump Wins U.S. Election<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The market is also being influenced by the<strong><a href=\"https:\/\/cryptodnes.bg\/en\/breaking-donald-trump-is-the-new-president-of-the-united-states\/\"> U.S. presidential election outcome<\/a><\/strong>, which some analysts say could boost sentiment if it favors crypto-friendly policies.<\/p>\n<p>As such, while XRP has underperformed year-to-date, the recent rise in network activity and whale accumulation points to a potentially positive outlook, with external factors like the election outcome also playing a role. Investors remain watchful, hoping these metrics translate into sustained growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP, known for its role in low-cost cross-border payments, has seen a resurgence in activity, with active accounts on the XRP Ledger (XRPL) hitting a seven-month high.<\/p>\n","protected":false},"author":7,"featured_media":38354,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-141506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>XRP Sees Whale Accumulation and Surge in Activity - What&#039;s Next?<\/title>\n<meta name=\"description\" content=\"XRP, known for its role in low-cost cross-border payments, has seen a resurgence in activity, with active accounts on the XRP Ledger (XRPL) ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/xrp-sees-whale-accumulation-and-surge-in-activity-whats-next\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Sees Whale Accumulation and Surge in Activity - What&#039;s Next?\" \/>\n<meta property=\"og:description\" content=\"XRP, known for its role in low-cost cross-border payments, has seen a resurgence in activity, with active accounts on the XRP Ledger (XRPL) ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/xrp-sees-whale-accumulation-and-surge-in-activity-whats-next\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-06T09:02:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-06T09:02:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/610081dfa52a388b949f2cf0_602b06bd9b605542533de437_XRP20-20Ripple20.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kosta Gushterov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kosta Gushterov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/xrp-sees-whale-accumulation-and-surge-in-activity-whats-next\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/xrp-sees-whale-accumulation-and-surge-in-activity-whats-next\/\"},\"author\":{\"name\":\"Kosta Gushterov\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/f5770e36288515bca160ee4878e48d1a\"},\"headline\":\"XRP Sees Whale Accumulation and Surge in Activity &#8211; 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