- XRPL’s daily user growth and recent transaction burn reflect a strong technical foundation that may support future price gains.
- A breakout above key resistance, combined with favorable regulation, could set the stage for XRP to reclaim the $3 level.
Following the recent update by Crypto News Flash (CNF) that the XRP Ledger reached 1.2 million transactions in a single day, speculation about renewed demand has intensified. As of now, the XRP Ledger has burned more than 14 million XRP, thanks to its built-in burn feature that destroys a small amount with each transaction.
In this article, we will specifically explore how and why there is a possibility for a $3 XRP comeback.
Critical Perspective
First and the foremost, while the report that XRP Ledger hit 295K daily users is impressive, it remains unclear whether this reflects organic adoption or temporary speculation. The XRPL’s low fees ($0.0002) and fast settlement times (3–5 seconds) make it attractive for micropayments and DeFi, but competing blockchains like Stellar offer similar efficiency.
According to a recent sentiment tweet, trends show both growing retail use and increasing confidence from major investors, possibly fueled by new DeFi features, real-world asset tokenization, and rising hopes for spot XRP ETFs. As stated:
“The XRP ledger is showing serious signs of growth, from both a usage and key stakeholder perspective. The amount of interacting $XRP addresses has averaged over 295K per day over the past week. Its normal daily average over the past 3 months was approximately 35–40K.”
Why This Sets the Stage for a $3 XRP
In another of narrative, despite these strong network foundations, the price of XRP has yet to fully come up. Early adopter profit-taking of around $68.8 million per day sold has prevented it from reaching key persistence levels.
As shared in a previous CNF analysis, while more than 14 million XRP have been burned from circulation, XRP still failed to hold above the $2.10 support level and has dipped to $2.00, seeking a base at $1.96.
In fact, support currently holds around $2.00, and a sustained move above the 50-day moving average near $2.27 could trigger a breakout. The real test will be to see whether XRP can climb past the $2.65–$2.75 range, potentially opening the door to a $3+ rally.
On the positive side, the regulatory clarity—namely a favorable SEC outcome or ETF approvals—could also drive XRP to $5–$7 in 2026, to $9–$28 by 2030, if Ripple‘s collaborations expand. Technicals therefore call for a $3 target if XRP breaks $2.40, but regulatory and competitive risks remain.
As of now, at around $2.01, XRP is down approximately 0.84% today and 10.23% in the past week. Thus, Monitor daily user patterns, SEC news, and spot volume validation of bullish action. See the XRP price chart below.
Recommended for you:
No Comment! Be the first one.