Recent data shows a significant increase in new accounts on the XRP network, which may indicate a resurgence of interest among users and developers in this project.
Surge in New XRP Accounts
On July 3, 2025, over 4,000 new accounts were created on the XRP network, representing one of the highest figures in recent months. This increase may be linked to renewed interest in the XRP Ledger, as a rise in active users often precedes changes in market activity and price volatility.
Current Technical Levels of XRP
The XRP chart shows that the price remains below significant moving averages such as the 50 EMA at $2.23 and the 100 EMA at $2.29, serving as resistance levels. However, increasing trading volume and higher relative strength index (RSI) readings accompany each attempt to breach these levels.
Possible Market Consequences
A strong increase in new accounts may create upward pressure on prices if XRP can sustain its upward trend above the 50 and 100 EMAs. This could pave the way for a breakout towards the $2.50-$2.70 range. The activity of new users underscores growing interest in the XRP ecosystem and may signal the onset of the next phase in its market cycle.
The rise in new accounts in the XRP network provides important signals of increasing interest and potential changes in the cryptocurrency market. Ongoing observation of user activity and price fluctuations will be critically important.
