XRP Price Outlook This Week as Network Activity Explodes 654%: Is a Major Rally Coming?

XRP Price hovered near $1.50 this week as traders monitored stronger network activity and improving conditions across cryptocurrency markets.

Over the past 24 hours, the token is up 1.32% to $1.49 and has slightly underperformed the overall market rally. The XRP price had jumped by 50% in the past week after the crypto market recovered.

Market capitalization of cryptocurrencies worldwide rose by 2.47% to $2.68 trillion, with sentiment and institutional investment inflow improving.

Bitcoin briefly broke above $80,000 before pulling back, following a rally that has given it a gain of more than 20% over three sessions last week.

The trading volume jumped 78% over the past 24 hours, indicating a significant increase in activity as investors eyed yet another rally above $80,000.

Bitcoin exchange-traded funds had a massive inflow for the seventh day in a row, confirming the ongoing institutional demand for the cryptocurrency.

Ethereum price was also in the green, trading in the range of $2,425 to $2,530, the highest price it had attained in almost seven months.

Ad

Ad

XRP Network Activity Explodes as Active Addresses Surge 654%

According to the data provided by the analyst Ali Charts, the activity of XRP networks soared as the number of active addresses increased by 654.71%. Active address grew by 47,180 to 356,070, indicating a more active involvement in the XRP Ledger.

$XRP NETWORK ACTIVITY EXPLODED!

Active addresses have surged 654.71%, jumping from 47,180 to 356,070.

That kind of spike typically signals a sharp increase in network participation and is often accompanied by higher price volatility. https://t.co/70eHTdeG8a pic.twitter.com/1eJA319sJk

— Ali Charts (@alicharts) August 24, 2026

The abrupt growth indicates that a greater number of users are using the network over the period being measured. The spike in similar activities tends to be followed by an increase in price volatility, but does not necessarily lead to a sustained rise.

Ad

Ad

XRP Options Volume Soars Nearly 299% as Traders Brace for Volatility

The activity of XRP derivatives indicated mixed signals with traders decreasing futures exposure and increasing sharply options participation.

The volume of total derivatives dropped 8.19% to $8.07 billion, which shows less active trading over the short-term on major platforms.

Nevertheless, the open interest rose by 0.35 to $3.73 billion, indicating that traders had not cleared their leveraged positions.

Options volume increased by 298.79 percent to $36.70 million that indicates the increased demand of hedging and speculative practices.

The open interest in options also increased by 25.73 percent to 140.74 million dollars with the traders anticipating the possible price fluctuations.

The statistics indicate XRP traders are becoming picky even though there is reduced activity in the broader derivatives market.

XRP Price Holds Near $1.50 as Bulls Target a Breakout Toward $1.60

At the time of writing, the XRP price traded at $1.4897 after gaining 1% during the latest four-hour session.

XRP price has consolidated near $1.49 following a powerful rally from the $1.00 region. But the resistance around $1.50 is still holding the price back.

The RSI is currently at 59.94, which suggests that the momentum is still positive. 

At the same time, the MACD line is also below the signal line, resulting in a negative reading on the histogram. This cross-over could indicate that XRP is set to consolidate more before making another breakout attempt.

The four-hour chart might recoup some momentum in favor of the initial upside target at $1.60 if it were to close above $1.50. The sustained demand could then pave the way to an extension towards $1.70.

Conversely, failure to overcome $1.50 could push XRP toward the immediate support level at $1.40. A fall below $1.40 could uncover the next lower level target at $1.30.

Meanwhile, XRP’s overall structure remains bullish as the price stays above $1.40. Traders can watch for confirmation of the next direction of movement of $1.50.