• The price of XRP has recorded a 12% hike since November 21, reclaiming key support levels due to increased network activity and institutional demand.
• The XRP ledger velocity has reached a yearly high, indicating high liquidity and trader or whale activity, while the spot average order size metric has shown high values for 30 consecutive days.
• The coin balance on exchanges has decreased by 930 million tokens in the last 30 days, signaling a lack of intention to sell by holders and reinforcing the upside potential for XRP.

The price of XRP has been very impressive as it recorded 12% hikes since November 21. Finally, key support levels have been reclaimed. Network activity and institutional demand were the main contributors to the rally, while the supply on exchanges continued to decrease.

Trading of the coin has been going on at a level higher than $2.15, which is a very important support level and, as a result, this could be a comeback of the price for a long time.

Increased Network Activity

The XRP ledger velocity has experienced a rapid increase, almost reaching a yearly high of 0.0324, which signifies high liquidity and foremost traders’ or even whales’ activities.

The velocity growth results from high user engagement and interaction with the XRP token, which to the price is a positive signal. The XRP Ledger is going through one of the most active phases in 2025 with the number of users engaging reaching a peak.

Also Read: XRP Positioned for Institutional Growth as GTreasury and Ripple Reveal Treasury Guide

Whale Activity and Accumulation

The spot average order size metric has for 30 days consecutively kept on showing high values, thus, during this period, it can be concluded that whales were very much active on the spot market. Moreover, the XRP balance on exchanges has also changed dramatically in a downward direction, with 930 million tokens that have been removed from exchanges in the last 30 days.

The lowering of supply on exchanges signals that holders do not have the intention to sell, which leads to the conclusion that there is an upside potential for XRP to continue to rise.

Also Read: Ripple Expands Payment Services in Singapore with MAS Approval

Strong Support Levels

XRP’s recent comeback was at the very least partly due to the crypto being at its support level of $2.15 with an additional backing from the 50-period simple moving average (SMA).

The UTXO realised price distribution (URPD) shows that $2.15 represents the strongest support for the coin, as this is the price level at which investors bought 3.6 billion tokens. There has been a historical pattern that once the signal line has been reclaimed by the XRP price, huge recoveries follow.

Also Read: RedotPay Integrates Ripple Payments to Boost Stablecoin Cross-Border Payments

To Sum Up

To sum up, due to certain factors such as the increase in network activity, the presence of whales, their accumulation, and strong support levels, the price of XRP is very promising and trading above $2.15. This peak year for the XRP Ledger will be 2025.

However, the user engagement will be at the highest point. Thus, a reduction in the supply of exchanges and the reclaiming of the key support levels are the indications of the price of Ripple is trading at a higher level for a long ​‍​‌‍​‍‌​‍​‌‍​‍‌time.

Also Read: Ripple Custody Delivers Next-Generation Security for Tokenized Finance