XRP Price Holds Above $1 After Leverage Flush as On-Chain Activity Surges

XRP has successfully maintained its position above the critical $1 support level following a significant leverage flush event, while on-chain data reveals a notable improvement in network activity. The cryptocurrency's resilience above the psychological $1 mark suggests strong underlying demand despite recent market volatility. Analysts point to increased transaction volumes and active addresses as key indicators of growing network utility. The leverage flush, which eliminated overleveraged positions, appears to have created a healthier market structure for XRP. This price stability combined with rising network engagement could signal the beginning of a more sustainable uptrend for the XRP token.