Ripple makes history with its blockchain: XRP records record numbers and shakes up the market

By
Jose maldonado
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Ripple's regulated stablecoin RLUSD is about to take off

After stage of downward peaks and with less activity on its blockchain, XRP is back on the rise and is standing out. All of this is due to an increase in its dynamics within the chain. After the second week of March, This network reached more than 2 million transactions, which represents a level that has historically been indicative of renewed investor interest in the crypto ecosystem.

XRP cryptocurrency It is the native digital asset of the Ripple blockchain which was developed and launched in 2013 and is the creation of the company OpenLabs. This company is based in San Francisco, United States and is dedicated to the development of software for citizen use that seeks to empower those who have been socially behind in technological aspects.

The cryptocurrency that runs on the Ripple blockchain has been between third and fourth place in importance within the world of digital assets. It is a widely known currency and to date, it is ranked 3rd, with a market capitalization that exceeds 19.890 million.

Unlike the two main cryptocurrencies that dominate the ecosystem, which are Bitcoin (BTC) and Ethereum (ETH), the value of one unit of each XRP token is considerably low. The first two range between $83.000 and $1.900, respectively. While Ripple is at $2,30 (as of the second week of March 2025).

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The role of new investors and the rise of XRP

The first two weeks of March marked a turning point in Ripple's history.The XRP network has reached an all-time high, recording over 2 million transactions. This sets a record which caused a very dynamic revival in the chain's activity after experiencing a slowdown period.

The keys to high activity

The rebound experienced by the Ripple blockchain and its XRP token is due to various signals which are key:

  1. A notable increase in transaction volumesThis allows for a gradual return of market liquidity after the dormancy period.
  2. The stabilization of the price of XRP that around 2,30 dollars after having hit a minimum bottom that fell to $2,10.
  3. The identification of technical support when the token bottomed out at $2,10, which served as a retaining wall against possible further falls below this price.
  4. La growing confidence and interest on the part of investorsThis indicates, on the one hand, renewed investor interest and the fact that this asset is consolidating its position as one of the top four in terms of importance and market capitalization within the crypto ecosystem.

Is it a rise or a rebound?

At world of cryptocurrencies and as far as its price is concerned There is something known as rebound. This is a phenomenon that occurs when there is an upward movement in the price after there has been a significant drop This happens for a variety of reasons. These include the market correction itself, an increase in the number of asset buyers who see the price decline as an investment opportunity, or events with a positive impact on a blockchain that generate or reinforce public confidence in the crypto market.

Now, it is important analyze each context along with other indicators before interpreting a rebound as a sustained recovery in the price of an asset or simply as a temporary movement within a trend that remains bearish.

At present, It can be said that XRP is going through a downward phase This has limited its short-term growth. For this trend to reverse and for us to confirm that it's not a simple rebound, the following factors must be met:

  1. That there is a crossing of the 50-EMA moving average (Exponential Moving Average) which is currently located around the $ 2,50 and represents an upward resistance, which must be overcome to alter the direction of the falling price. 
  2. That there is a final price closure after the abrupt movements that place it above the $ 2,55This trend is vital to ensure that this behavior is considered a stable and sustained recovery of the token's value. 
  3. Increase in the transaction volume, as this would guarantee solid support for higher prices, while demonstrating greater interest and confidence on the part of investors. 
  4. Greater interest and institutional adoption, an extremely relevant point in the crypto ecosystem and in a much broader global context in which the BRICS countries They look for alternatives for their operations other than those traditional banking and financial infrastructuresThis could benefit not only the adoption of XRP, but of all digital assets, whether cryptocurrencies or tokens.

However, for this to happen XRP price recovery consolidates and do not consider this as a temporary rebound, it will be important to see a increase in trading volume shopping, since this would maintain the Uptrend and would prevent setbacks to lower price levels.

Ultimately, the recovery of the XRP price due to the number of investors who decided to buy the token should be seen in a financial environment that is constantly changingRipple's native cryptocurrency has yet to prove its ability to adapt to a changing and sustainable economic model. role of investors and institutions will be crucial in the coming weeks and months, especially as the BRICS countries and others actors of institutional importance They evaluate options other than conventional financial networks for transoceanic transactions.

Investing in cryptoassets is not fully regulated, may not be suitable for retail investors due to high volatility and there is a risk of losing all invested amounts.

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