🌀XRP is experiencing one of its most notable rallies in recent months, having surged nearly 50% since the beginning of July. The token broke through key resistance levels and stabilized above $3.60. This growth is accompanied by a sharp spike in on-chain payments — on July 18, transaction volume exceeded $1.07 billion, signaling renewed investor interest and heightened activity within the ecosystem.
🌀Technical indicators confirm the strength of the current trend: all major moving averages are pointing upward, and the RSI is approaching overbought territory. This may lead to short-term consolidation, but the underlying network fundamentals — from institutional interest to increasing utility of the XRP Ledger — provide a solid foundation for potential further gains.