$XRP recently saw a solid spike toward 1.6 million transactions, now network shows 1.16 million; will it be enough for a rally continuation?
transactions were around 1.15 million. Over the following days, transactions reached as high as 1.64 million on May 28, before falling to approximately 1.22 million by the end of May, most likely following the turbulence on the market caused by the SEC's lawsuits. Despite these fluctuations, the overall trend demonstrates a persistent rise in transaction numbers.From a price perspective, XRP has also shown some slight upward momentum during the same period.
This positive correlation between transaction volume and price suggests that increased network utilization may be driving up the price of XRP. As more users turn to the XRP network for transactions, demand for the
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