Recent data reveals a significant surge in activity on the Ripple network, exceeding all expectations. The number of active XRP addresses jumped by an impressive 67.5% within just one day, marking a dramatic turnaround from its recent decline. This shift suggests increased engagement with the XRP ecosystem despite ongoing market volatility. Notably, Ali Martinez, a prominent crypto analyst, highlighted this increase as bullish for the asset’s price. His analysis indicates that this surge in activity could signal a major rally, potentially pushing XRP to levels exceeding $2.70 – a 30% increase from its current price of around $2.1. This potential surge is supported by technical indicators like an inverse head and shoulders pattern forming on the XRP chart. Furthermore, analysts are observing that the ‘Bollinger Bands’ used for price volatility analysis show signs of squeezing, potentially leading to substantial price movements either up or down.