Xrp's Price Beginning To Show Promise Above $2.15: ’s Why 2025

XRP’s macro outlook remained bullish, with onchain data showing that a breakout was possible if key price support levels were reclaimed.

XRP (XRP) price is up 12% since plunging below the $2 mark on Nov. 21, reclaiming some key support levels. Surging network activity and persistent institutional demand, coupled with reduced supply on exchanges, may lead to a sustained price recovery.

A surge in XRP ledger velocity and whale activity signals elevated network activity and demand.

A decrease in XRP supply on exchanges indicates strong accumulation by holders.

XRP price bulls look to establish strong support at $2.15 for the next leg up.

XRP ledger’s velocity rose has seen a sudden spike, rising to a yearly high of 0.0324 on Wednesday, per data from CryptoQuant.

Velocity is a metric used to determine the frequency of XRP’s circulation across the XRP Ledger over a given period.

Related: XRP faces ‘now or never’ moment as traders eye rally to $2.50

High velocity indicates XRP is actively used in “economic activity and onchain transactions” rather than held, said CryptoQuant analyst CryptoOnchain in a Wednesday Quicktake analysis, adding:

This data confirms that the XRP Ledger is “experiencing one of its most active periods in 2025, with user engagement reaching a peak,” the analyst added.

Source: CoinTelegraph