XRP has staged a notable recovery from its recent lows, with on-chain metrics suggesting this move may be more substantial than a typical short-term rebound. A surge in large transactions and increased network usage point to accumulation, setting the stage for a potential new phase as a key virtual event approaches.
Key Event on the Horizon: The 2026 XRP Community Day
Market participants are looking ahead to the XRP Community Day 2026, scheduled for February 11 and 12 as a virtual gathering. According to announcements, Ripple intends to outline its strategic roadmap for the year, focusing on several core areas:
- Expansion in Regulated Markets: Growing adoption within compliant financial frameworks.
- XRP Ledger Enhancements: New functionalities for wrapped assets.
- Improved Interoperability: Advancing cross-chain liquidity solutions between networks.
The market anticipates that clarity from this event could provide a foundation for the next price chapter.
On-Chain Metrics Point to Strategic Accumulation
Data from Santiment indicates the recovery is being driven by a significant concentration of large transfers. On February 8, the network recorded 1,389 whale transactions—each valued at a minimum of $100,000. This marks the highest level seen in four months and is widely interpreted as evidence that major holders are accumulating positions.
This activity coincides with a sharp revival in network use. The count of active addresses jumped to 78,727, representing the most substantial single-day increase in six months. Analysts often view this combination of resurgent activity and price stabilization as a transition from selling pressure into an accumulation phase.
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Trading Volume Skyrockets Amid Supportive Backdrop
The price movement was accompanied by an explosive surge in trading volume. Reported “bounce volume” reached approximately $991 million. On some individual exchanges, the spike was even more pronounced; MEXC reported a spot trading volume increase exceeding 2,800% within an eight-hour period over the weekend.
This activity unfolds against a broader market backdrop where Bitcoin reclaimed ground above $70,000. XRP outperformed in the recovery, rallying roughly 20% from its crash low according to reports. A structural factor providing additional support is the reported net inflows into spot XRP ETFs, which have attracted over $1 billion since their launch in November 2025. This sustained investment can anchor market liquidity and cushion downward moves.
Current Price Context and Outlook
At present, XRP is trading around $1.42. Despite the recent rebound, it remains down significantly over the past 30 days, showing a loss of -32.15%. Traders are now watching the $1.50 zone, identified as a crucial near-term resistance level.
The focus turns to whether the substance of the upcoming Community Day can convert the vigorous behind-the-scenes on-chain activity into sustained momentum, or if XRP will continue to trade within a volatile consolidation range in the near term.
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