The XRP Ledger’s network speed index suddenly rose, hitting a yearly high of 0.0324 points. This indicates a sharp increase in economic activity and on-chain transactions during the week.
This level of circulation rate suggests that: Rather than being left in a cold wallet or held for long periods of time,Cryptocurrency XRP is “rapidly changing hands among market participants,” according to an analysis by CryptoQuant’s CryptoOnchain.
The chart below shows the historical relationship between the price of XRP (black line, right axis) and the XRP Ledger Network Speed Index (purple line, left axis) through 2025.
“Such increases typically imply high liquidity and significant participation by traders, or significant movement by whales.” Whales refer to entities or individuals who own addresses that accumulate more than 1 million units of XRP.
Regardless of market direction, this data confirms that: Networks will reach their busiest period in 2025the analysis points out that user engagement has reached its peak.
With this increase in XRP network speed, Showing more distribution and active usage could potentially be a favorable factor for price. An increase in circulation could mean an increase in trading demand or an active redistribution of existing supply, which could put upward pressure on prices if demand exceeds selling pressure.
Additionally, as CriptoNoticias explained last week, the pace of XRP withdrawals from Binance, the world’s largest cryptocurrency exchange, is increasing. This combination of high circulation velocity and exchange withdrawals could indicate that XRP may be leaving the flattening phase and entering a new period of price appreciation.
