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Tuesday

26 January 2021

XRP Gains Ground Against Bitcoin as Active Address Count Remains High

XRP Gains Ground Against Bitcoin as Active Address Count Remains High


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XRP has seen some wild price action over the past few days and weeks, with investors sending the previously embattled token rocketing by over 300% following its break above the long-held trading range between $0.20 and $0.30.

One analytics firm spoke about this in a recent tweet, explaining that while XRP is gaining some ground against Bitcoin, its price is being driven higher by an influx of daily active wallet addresses interacting with the token and with the network.

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