-
Within 18 hours, XRP had regained the level of $1.41, and it rose by more than 25 percent since the last time it was below $1.15.
-
Whale activity was up sharply, with 1389 transactions over $100,000, which is the highest since four months ago.
-
There was a rapid increase in network participation with active XRP addresses of 78,727 in an eight hour period, the highest level in six months.
XRP logged strong price volatility as wider crypto markets crashed, as on-chain activity registered increased within a tightened time frame. The token has gone up swiftly after it dropped beneath 1.15 indicating an increase in network activity and immense volumes of transactions in the process. XRP was trading at $1.41, at the time of reporting which is a 9.0% increase in a single day and a gain of 3.5 percent against Bitcoin at 0.00002069 BTC.
XRP Price Movement and Key Levels
Market data provided by Santiment showed that XRP recovered by over 25 percent since its recent relative bottom in the area. It is worth noting that the rebound was realized in a short period of less than 18 hours since price weakness increased. In the rebound phase, XRP had temporarily rebounded to the level of over $1.50 and then went back down.
At present, XRP is trading in a specific range of 24 hours, and the support is recognized at $1.29 and the resistance at $1.53 . Nonetheless, price is not lowest in recent years and it still is in an upward separating position to the previously located sub-1.15 price. The price architecture puts instant attention to the behavior of XRP as it moves within its set resistance area.
Whale Transactions and Ledger Activity Spike
Alongside price movement, Santiment data highlighted unusual activity across the XRP Ledger during the dip. In particular, there were 1,389 transactions that were above 100,000, which is the highest four-month figure. These trades concentrated throughout the fall in prices and went hand-in-hand with market insecurity.
Source: Santiment
Additionally, the number of active XRP addresses surged sharply within a short timeframe. The ledger recorded 78,727 unique active addresses during a single eight-hour period. This figure represents a six-month high and aligns closely with the rebound timing. Consequently, transaction data and address growth moved in tandem with price recovery.
XRP On-Chain Activity Shape Market Context
Market commentary from Egrag Crypto described the price action as challenging directional certainty for both bullish and bearish participants. In the meantime, Santiment placed the rebound into the framework of visible on-chain data as opposed to sentiment-driven stories.
Notably, the activity increment came as traders discussed that XRP had the potential to drop below the $1.00 mark. Nevertheless, ledger information demonstrated growing involvement at that time. Consequently, price action, transaction size, and address growth have been closely related during the rebound phase.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Cryptocurrency News Today (March 12) | SEC and CFTC Sign Crypto Regulatory Agreement; Ripple Plans to Repurchase $750 Million in XRP
This article summarizes cryptocurrency news for March 12, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price predictions. Today's major Web3 events include:
1. Ripple announces $750 million XRP buyback plan; can token price break through the consolidation range?
2. Mainstream CEX launches Pi coin countdown, bullish sentiment rises ahead of Pi Day;
3. Wall Street giants bet on prediction markets: open interest reaches new high of $1.2 billion, while U.S. Congress prepares regulatory action.
GateNews9m ago
Glassnode Data: Most XRP Supply in Loss, What It Means for Investors
Glassnode data shows 36.8 billion XRP, nearly 60% of the circulating supply, is held at a loss, with unrealized losses reaching $50.8 billion.
XRP traded near $1.34, while futures volume jumped on BitMEX and Binance as ETF outflows and weak spot activity kept pressure on price.
Glassnode dat
CryptoNewsFlash21m ago
XRP Ledger Contributes Over 15% of Global On-Chain Tokenized Commodities, Impressive Value Growth
On March 12, the latest data shows that XRP Ledger (XRPL) accounts for over 15% of the global on-chain tokenized commodities market, ranking second globally. Despite the overall poor price performance of cryptocurrencies this year, the practical applications of tokenized commodities continue to grow, with XRPL benefiting significantly.
GateNews37m ago
XRP Price Drops 45% While Spot ETF Still Holds $971 Million AUM, CEO Says Investor Confidence Unchanged
Despite XRP spot price declining 45%, Ripple's XRP ETF assets remain stable at $971 million, demonstrating strong market demand for XRP. CEO Garlinghouse believes this reflects institutional investor confidence, with the ETF experiencing no significant redemptions amid volatility and maintaining robust asset allocation strategies. Analysts note that stable ETF assets may support a future XRP price recovery.
GateNews41m ago
Ripple Announces $750 Million XRP Buyback Plan; Can Token Price Break Out of Consolidation Range?
Ripple announces a $750 million XRP buyback program to boost market confidence in XRP price. On-chain data shows exchange XRP reserves have fallen to a 10-month low, suggesting long-term holding by investors. Technical analysis indicates XRP has modest upside potential, and the buyback program combined with supply tightening may serve as price support factors. Investors should pay attention to broader market changes.
GateNews57m ago
XRP whale increases holdings by 110 million tokens in March, exchange reserves hit nearly four-year lows, and the price range may point to $4
As of March 2026, the XRP price is approximately $1.38, with a market capitalization of $84 billion, down 61% from its all-time high. Despite small market fluctuations, on-chain data indicates significant accumulation by whales, while exchange XRP reserves have dropped to new lows. Ripple's collaborations with institutions have not directly boosted the price, but the expansion of stablecoin infrastructure may bring new opportunities to the XRP ecosystem. Technical indicators show bullish signals, with an expected XRP price range between $1.40 and $3.00 in 2026.
GateNews1h ago
