XRP Network Activity Reaches Record Levels Amid Price Resistance at $1.60

XRP, the cryptocurrency, has achieved significant network growth with wallet addresses surpassing 7.7 million for the first time in its history, alongside daily transactions reaching approximately 2.7 million. The asset has reclaimed its position as the fourth-largest cryptocurrency by market capitalization, which increased from $90.5 billion to $92.5 billion within a day. Despite these strong fundamentals, XRP's price remains constrained below the $1.60 resistance level, creating a pivotal moment for potential market movement. The divergence between accelerating on-chain adoption and cautious institutional capital flows defines the current market tension.