On July 21, the XRP Ledger logged roughly 157,200 active users, one of the highest single-day participation figures this month and the first time in weeks the network has crossed the 150,000 threshold.

What makes that number stand out is not the peak itself but the floor beneath it. Over the past month, daily users mostly stayed between 120,000 and 160,000, a range that held even as broader crypto markets stayed choppy.

That kind of consistency is different from the user spikes that follow speculative price rallies and then collapse just as fast. A steadier base typically means people are actually using the ledger for payments and transfers, not just riding a hype cycle.

Active address counts are not a price guarantee, but during previous bull runs on XRP they tended to move together with price. The current user floor is edging toward those historical levels, though it has not yet matched them.

On the price side, XRP was trading around $1.13 after consolidating inside a tightening symmetrical triangle for several weeks. The token has reclaimed its 26-day EMA, a modest but real step forward.

The 50-day and 200-day moving averages are still well above current price, so the broader trend has not flipped. Buyers have repeatedly defended a rising support line, which has at least kept another leg lower off the table for now.

Technical momentum has stabilized compared to earlier in July, but the gap between current price and key longer-term averages leaves a lot of ground still to cover before anyone can call this a confirmed bull-market setup.

This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.