XRP Surges 600% On-Chain: A Technical Breakout Attempt Amidst Bullish Momentum

Ripple’s XRP has experienced a remarkable surge, with its network payment volume and transaction count skyrocketing by over 600% in just the past four days. This significant increase reflects a renewed interest and usage of the XRP Ledger, according to on-chain data from Ripple itself. On April 23rd alone, XRP’s account-to-account payments reached an impressive 838 million XRP. This surge has been accompanied by a notable jump in transaction volume, with over 11.7 million transactions processed during the same period. These figures indicate that the network is experiencing robust activity beyond just speculation.