XRP holders hit a record 7.7M: Will price break through $1.60 next?

XRP’s road to recovery will pick up momentum if network usage continues rising and bulls push the price above the $1.60 resistance.

XRP (XRP) traded at $1.50 on Tuesday, a 3% rise in the past 24 hours as its relief rally stalled at $1.60. Still, growing network usage and increasing holder accumulation could provide a spark that may see the price finally break $1.50-$1.60 resistance.

Key takeaways:

XRP holder addresses hit 7.7 million record highs, as daily active addresses reach five-week highs.

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