logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Bots
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Live

XRP Network Activity Hits 3-Month High After Leverage Flush

By Bitcoinist
Jul 2, 2026
4.4 
★
★
★
★
★
★
★
★
★
★
 421 User Rating
Share

XRP network activity is improving after a sharp derivatives reset, with active addresses and wallet creation rates reportedly reaching a three-month high. The move came as leveraged positioning was flushed from the market, while XRP held around the psychologically important $1.00 support area.

TL;DR XRP active addresses and wallet creation rates reportedly reached a three-month high. The activity spike followed a major flush in derivatives open interest. XRP held near the key $1.00 support level during the reset. A reclaim of $1.10 is still needed for the short-term chart to look structurally stronger. Why leverage flushes can help

For XRP, holding around $1.00 during that kind of reset is notable. The level is psychologically important and tends to attract attention from both retail traders and technical analysts. Losing it cleanly would have made the chart look much weaker. Holding it keeps the recovery case alive.

On-chain activity gives bulls something to work with

The rise in active addresses and wallet creation gives XRP bulls a stronger argument than price alone. Network activity can show that users are still engaging with the ledger even when the market is volatile. A three-month high suggests the activity is not just background noise.

That said, active addresses should always be read carefully. One user can control multiple wallets, and bursts of activity can come from exchanges, bots, or short-term positioning. The signal is useful, but it is strongest when it continues beyond a single spike.

The $1.10 line still matters

The caveat is that the short-term chart has not fully repaired itself yet. XRP still needs to reclaim the $1.10 area to make the structure look more convincingly bullish. Until then, the market is in a recovery attempt rather than a confirmed trend reversal.

For traders, that makes the next move important. A push above $1.10 with continued on-chain strength would suggest the leverage flush helped reset the market. A rejection below that level would leave XRP vulnerable to another test of support. For now, the network data is improving, but the chart still needs to confirm it.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    The Brazilian Securities and Exchange Commission (CVM) has officially established a dedicated task force to develop an experimental regulatory framework for tokenized securities, providing a fast-tracked timeline for the digital capital market.
    Martha Grizzard
    Jul 21, 2026
  • Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid has announced a forthcoming enhancement to its HIP-4 upgrade that will allow for the permissionless deployment of decentralized prediction markets.
    Christopher Smith
    Jul 21, 2026
  • DTCC Launches Live Tokenized Asset Trading for Wall Street

    DTCC Launches Live Tokenized Asset Trading for Wall Street

    The DTCC successfully transitioned from pilot testing to live production trades on July 15, 2026, marking the largest-scale institutional tokenization initiative to date.
    Cornell Rachel
    Jul 16, 2026
  • South Korea Updates Asset Law to Include Cryptocurrency

    South Korea Updates Asset Law to Include Cryptocurrency

    The South Korean Ministry of Economy and Finance announced a transition from the 1950 State Property Act to a new National Asset Basic Act to better reflect modern digital resources.
    Martha Grizzard
    Jul 16, 2026
  • New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.
    Martha Grizzard
    Jul 8, 2026
View more data 
BTCBTC(BTC)
$0
--(Last 24h)
SpotFutures

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Balancer
BalancerBAL

$0.1485

+46.05%
sato
satoSATO

$0.2547

+37.30%
Nano
NanoXNO

$0.4710

+36.52%
Broccoli
BroccoliBROCCOLIF3B

$0.007376

+30.92%
Re
ReRE

$0.4871

+29.24%

Top Trending

View more
Uniswap
UniswapUNI

$3.7850

+3.64%
Zcash
ZcashZEC

$510.770

-4.85%
Lorenzo Protocol
Lorenzo ProtocolBANK

$0.2215

+24.72%
Dogecoin
DogecoinDOGE

$0.0727

-0.75%
LAB
LABLAB

$0.1571

+18.12%

Recently added

View more
Direxion MU Bull 2X ETF
Direxion MU Bull 2X ETFMUUB

$34.7100

+3.95%
South Korea Bull 3X ETF
South Korea Bull 3X ETFKORUB

$20.7600

+3.08%
CoreWeave
CoreWeaveCRWVB

$82.8300

-0.72%
AXT
AXTAXTIB

$53.1300

-3.28%
GraniteShares 2X Long MRVL ETF
GraniteShares 2X Long MRVL ETFMVLLB

$27.1800

+10.94%

Learn

View more
  1. 1What Are AI Agent Frameworks? How Do They Power Cryptocurrency?
  2. 2What Is JPYSC? How Japan’s Regulated Stablecoin Works
  3. 3Are AI Agents Safe for Crypto? How to Secure Your Assets
  4. 4What Is Cross-Chain Interoperability? How Does It Function?
  5. 5What is OUSD? How Does Open USD Work for Digital Payments?
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com