XRP Price Targets $2 as One Key Metric Flashes Bullish Signal

XRP price is sitting in a corrective pocket after one of its stronger months of the year. That $2 target sounds ambitious given the current chart, but one metric buried in the fundamentals is giving bulls a reason to stay patient.

XRP remains up roughly 31% for August despite shedding about 5% over the past week, a pullback that follows a volatile range between $1.35 and $1.55 for most of the month. Meanwhile, RLUSD stablecoin volume on the XRP Ledger crossed $1 billion on August 30.

Not just the volume, active addresses have also surged more than 650%, climbing from 47,180 to 356,070 in just two weeks. The sharp rise in network participation came alongside XRP’s recent rally and suggests the move was supported by stronger blockchain activity. If this momentum continues and XRP can reclaim the $1.55 to $1.60 resistance zone, the token could open a path toward $1.70, $1.80 and eventually the psychologically important $2 level.

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