On March 19, the number of transactions executed reached 2.77 million, one of the highest spikes in recent months, marking a significant on-chain milestone for $XRP . This surge in activity indicates a notable rise in network interaction and usage, which is frequently interpreted as encouraging for investor engagement and asset utility.

From a price standpoint, #XRP is still following a descending wedge pattern and is presently trading at about $2.17. The fact that the asset is still confined between the 50 and 100 EMAs suggests that there is unclear direction. The wedge has been closing, and a breakout in either direction could be triggered by the recent increase in on-chain activity