XRP Ledger's Network Growth Remains at "High Levels"

Key Points

1. The XRP Ledger network maintains high growth levels with approximately 7,500 new wallets created daily.

2. XRP's price reached $3.26, aiming to rebound to its recent high of $3.64 recorded last week.

3. On July 17, the network peaked with over 11,000 wallets created in a single day, coinciding with a 14.6% price increase for XRP.

4. XRP recently experienced a double-digit price drop due to intense selling pressure on South Korea's Upbit exchange.

5. Buyers appear to be stepping in, forming possible support around the $3.2 level, indicating a potential price bounce.