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XRP is heading for fifth place.
As the cryptocurrency market returns and once again exceeds $ 2 trillion, XRP is making significant gains among the top ten cryptocurrencies based on capitalization.
At the time of writing, the price of XRP has risen 15% in the last 24 hours and is trading at $ 0.87 with a market capitalization of $ 41 billion.
With this recent move, XRP has overturned giants like Cardano and Solana as it prepares for the next big rally.
Sentiment, an on-chain data provider, posted on its Twitter account that the recent rise in the price of XRP was due to the significant increase in the daily active users of its network.
XRP has been + 37% for the last four days which finally coincides with the increase in the daily active addresses of its users that started in mid-January.
🥳 $XRP is +37% the past 4 days, and finally is reacting to its daily active address uptick that started in mid-January. #XRPNetwork's coin currently sits a tick above $0.82 and is outputting the same addresses as it did in early November at $1.18. 📈https://t.co/HN1kNwa5CE pic.twitter.com/mjIBLWnsjx
— Santiment (@santimentfeed) February 8, 2022
The #XRPNetwork currency is currently just above $ 0.82 and has the same lessons as at the beginning of November at $ 1.18.
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