XRP eyes $2 rally as XRPL transaction volume surges 6,000%

Transaction volume on the XRP Ledger recently rose to almost $50 billion, with Santiment data showing about $49.66 billion moved, a roughly 6,000% increase from a daily baseline of $0.8 billion, while the cryptocurrency XRP held its $1.25 support level. Market analyst Ali Martinez said the on-chain activity suggests XRP may have reached a price bottom and could move toward $2. He said a consistent close above $1.56 could support an uptrend to $2, while failure to stay above $1.25 could expose the asset to losses toward $1.10.