The speed index on XRP Ledger skyrockets

Source: Criptonoticias Original Title: The speed index in XRP Ledger skyrockets Original Link: https://www.criptonoticias.com/mercados/dispara-indice-velocidad-xrp-ledger/ The speed metric of the XRP Ledger network experienced a sudden spike, reaching an annual high of 0.0324 points, indicating a strong increase in economic activity and on-chain transactions during the week.

This level of circulation speed suggests that, instead of remaining inactive in cold wallets or being held long-term, the cryptocurrency XRP is rapidly changing hands among market participants, according to an analysis by CryptoOnchain for the firm CryptoQuant.

The following chart shows the historical relationship between the price of XRP (black line, right axis) and the XRP Ledger network speed index (purple line, left axis) throughout 2025.

An increase in transactional activity suggests a possible rise in XRP.

Such a rise typically means high liquidity and substantial participation from traders or significant moves by whales. A whale refers to an entity or person holding addresses that accumulate more than 1 million units of XRP.

Regardless of market direction, this data confirms that the network is experiencing one of its most active periods in 2025, with user engagement reaching a peak, the analysis notes.

This increase in network speed for XRP, by showing greater circulation and active use, can be a potentially favorable factor for its price. Greater circulation can mean increased demand for transactions or active redistribution of existing supply, which could put upward pressure on the price if demand outpaces selling pressure.

Additionally, the pace of XRP withdrawals from a major global cryptocurrency exchange has increased. This combination of high circulation speed and withdrawals from exchanges could indicate that XRP may be leaving behind its consolidation phase to enter a new period of price increase.