XRP has marked significant network activity and shows potential price growth after a technical breakout.
Surge in XRP Network Activity
XRP's network reached 1.12 million active addresses on June 9, 2025, according to Glassnode data. The increased activity indicates rising user engagement and reflects growing utility within the XRP ecosystem. Data shows a gradual increase in activity since late April, peaking in early May before a slight dip, followed by another rise in June. User activity is considered an important metric for network health.
Technical Analysis of XRP Price
Lingrid's technical analysis indicates that XRP has broken out of a falling wedge pattern, a bullish reversal indicator. Currently, XRP is testing a resistance level at $2.30, with short-term targets set near $2.50. The chart shows increasing buyer pressure and a stable support position above $2.
Staking Plans for XRP via Uphold
Uphold CEO Simon McLoughlin stated that XRP staking is 'feasible and promising' despite XRP's non-PoS design. Since native staking is currently impossible, users would lock XRP on Uphold and receive wrapped FXRP on Flare. A limited beta rollout of this feature is being explored, considering regulatory implications.
The increasing network activity and favorable price breakout conditions create a positive outlook for XRP, potentially attracting more interest and investment in the upcoming months.
