XRP
Why XRP is up 1.4% in the last hour
Analysis
XRP rose 1.4% over the past hour as traders reacted to upbeat XRP Ledger fundamentals and upgrade talk. U.Today reported a 20% increase in transactions per ledger, supporting narratives around improving network activity and institutional liquidity metrics, while a separate U.Today piece highlighted proposed privacy upgrades for XRP-issued assets that could boost adoption.
Contributing Factors (3)
XRPL Validator: Privacy Upgrades for XRP-Issued Assets Could Boost Adoption
Confidential transfers for MPTs expected to activate institutional-grade privacy on the XRP Ledger.
XRP Forming Gravestone Doji Pattern, Bearish Sign?
Gravestone doji candlestick pattern spotted on XRP charts, with potential implications for its price trend.
XRP Ledger Grows 20% in Transactions Per Ledger: Boosting Institutional Liquidity Metrics
XRP's network is growing substantially, with average transaction count slowly crawling up.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.