This Happens Before Every XRP Bull Run. It’s Happening

As XRP continues to trade below recent highs following a market pullback, some market commentators believe on-chain data may be providing clues about what could come next.

Crypto pundit Digital Asset Investor recently posted on X, suggesting that increased activity on the XRP Ledger has historically preceded major price rallies, and that a similar pattern is developing once again.

The tweet included a video in which he explained why he believes rising XRP Ledger activity deserves close attention despite the current price weakness.

Digital Asset Investor Highlights Historical Pattern

In the video, Digital Asset Investor explained that many investors focus primarily on XRP’s price while overlooking activity taking place on the XRP Ledger. According to him, previous XRP bull runs were preceded by a noticeable increase in network usage before the asset’s price began to climb.

He pointed to data covering the period between June 17 and July 1, noting that active XRP addresses increased throughout the two weeks even as XRP pulled back and traded around $1.

According to the commentator, this mirrors the pattern observed during the 2017–2018 market cycle. He recalled that active addresses rose before XRP recorded one of its strongest rallies, during which the cryptocurrency appreciated by tens of thousands of percentage points.

Based on that historical comparison, Digital Asset Investor maintained that the recent increase in active addresses could represent an early indicator rather than a reaction to higher prices. He emphasized that, in his view, activity on the XRP Ledger typically comes before major market moves.

He also pointed to other indicators beyond wallet activity. According to the video, Ripple’s RLUSD stablecoin continues to expand, while payment activity on the XRP Ledger also increases. He suggested that these developments collectively strengthen the case that network fundamentals are improving during the current period of price consolidation.

Community Response Focuses on Fundamental Drivers

The post received mixed reactions from members of the crypto community. Among those responding was Eyouel Melaku, who questioned whether historical address activity alone provides a reliable basis for predicting future price movements.

Melaku stated that pattern recognition often attracts attention but argued that investors should instead focus on factors he believes have a greater influence on XRP’s long-term performance. He identified regulatory clarity, central bank digital currency adoption, and real-world transaction volume on Ripple’s On-Demand Liquidity (ODL) network as the metrics that deserve the closest monitoring.

While Digital Asset Investor believes rising XRP Ledger activity has consistently appeared before previous bull runs, others maintain that broader adoption and regulatory developments will ultimately determine whether XRP can sustain a significant upward move.