with the Securities and Exchange Commission , during intraday trading hours on 30 June, it performed better than most altcoins. While most altcoins recorded a decline in price during the trading session yesterday , the price of XRP lodged some gains., on 27 June, the index for the unique addresses interacting on the network exceeded 200k for the first time since February 2020.
According to data from CoinMarketCap, in the last 24 hours, the price of XRP stood at a 4% loss. However, trading volume rallied by over 45%. The Relative Strength Index at the time of writing was 37.96 indicating increased selling pressure. Also in a downward trend at press time, the Money Flow Index for the token was 47.16.As per data provided by Santiment, XRP hit a high of 200k daily active addresses that transacted the alt on 26 June.
At press time, this metric was spotted at 0.76%. The social volume also registered a high of 828 on 27 May. Since then, it suffered an 86% decline.Interestingly, while the daily unique addresses transacting the XRP coin dropped steadily, the number of new addresses created on the network increased in the last seven days. At 1,790 during press time, this has grown by 25% in the last week. Similarly, the transaction volume for the token saw a 116% growth in the last five days.
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