๐นThe XRP Ledger network recorded 4,300 new wallets in 24 hours, a surge that could signal price rebounds.
๐นSui eliminates fees for transfers of USDC and six other stablecoins.
1. The Surge of Wallets on XRP Ledger (XRPL)
The increase in address creation is an important *on-chain* metric. Historically, the analytics firm Santiment considers network growth as one of the most reliable leading indicators for spotting **trend reversals or price rebounds**, as it reflects the entry of new players or an uptick in trading activity.
* **The Data:** The network recorded **4,300 new wallets in 24 hours**, marking the fourth highest growth spike so far this year. Meanwhile, daily active addresses jumped from around 32,000 to over 43,520.
* **Market Context:** Despite this influx of users and sustained inflows into spot XRP ETFs (which have been on a significant positive streak this month), the price has remained consolidated.
* **Key Zones to Monitor:** The price is facing strong resistance in the range of **$1.40 to $1.55**. Distribution data shows a large concentration of buy orders in that range (creating selling pressure from investors looking to exit "the tables"). A clean breakout above $1.55โ$1.60 would reactivate the bullish structure towards local highs.
## 2. Sui and Zero-Cost Transfers ($0.00)
What Sui has announced is not a temporary promotion or a marketing subsidy, but a **deep-level protocol upgrade**.
* **Goodbye to "Gas" Friction:** Historically, to send a *stablecoin* on any network (like USDC on Ethereum or Solana), you are required to hold the native token of that network (ETH or SOL) to pay for the transfer fee.
#sui #xrp #XRPledger #USDC #stablecoin $SUI $USDC $XRP
๐นSui eliminates fees for transfers of USDC and six other stablecoins.
1. The Surge of Wallets on XRP Ledger (XRPL)
The increase in address creation is an important *on-chain* metric. Historically, the analytics firm Santiment considers network growth as one of the most reliable leading indicators for spotting **trend reversals or price rebounds**, as it reflects the entry of new players or an uptick in trading activity.
* **The Data:** The network recorded **4,300 new wallets in 24 hours**, marking the fourth highest growth spike so far this year. Meanwhile, daily active addresses jumped from around 32,000 to over 43,520.
* **Market Context:** Despite this influx of users and sustained inflows into spot XRP ETFs (which have been on a significant positive streak this month), the price has remained consolidated.
* **Key Zones to Monitor:** The price is facing strong resistance in the range of **$1.40 to $1.55**. Distribution data shows a large concentration of buy orders in that range (creating selling pressure from investors looking to exit "the tables"). A clean breakout above $1.55โ$1.60 would reactivate the bullish structure towards local highs.
## 2. Sui and Zero-Cost Transfers ($0.00)
What Sui has announced is not a temporary promotion or a marketing subsidy, but a **deep-level protocol upgrade**.
* **Goodbye to "Gas" Friction:** Historically, to send a *stablecoin* on any network (like USDC on Ethereum or Solana), you are required to hold the native token of that network (ETH or SOL) to pay for the transfer fee.
#sui #xrp #XRPledger #USDC #stablecoin $SUI $USDC $XRP