Ripple [XRP] remains untouched in the market onslaught, thanks to…

ambcrypto.com:

Out of the top ten cryptocurrencies, Ripple [XRP] was the most profitable in the last 24 hours in the wake of a market recovery.

According to CoinMarketCap, XRP registered an 8.86% uptick within the period while trading at $0.498. While others also recorded increases, the seven-day to thirty-day performances were red except for the open-source payment token. 

Here’s AMBCrypto’s Price Prediction for XRP for 2022-2023

Based on data from the price tracking platform, XRP’s performance in the last thirty days was a 49.37% increase at press time. 

Bitcoin [BTC], for example, recorded a 2.57% decrease. For Ethereum [ETH], the thirty-day performance was in double-digits decrease at 17.72%. Except for the stablecoins in the top ten, only XRP had a superb performance in the time frame mentioned above.

Looking at the on-chain data, it can be found that the XRP may have contributed to the price increase until 23 September. On 6 October, it hit almost the same network growth level at 2267, according to Santiment.

At these points, it revealed that more XRP holders were exploring the real-world utility of the token. However, it seemed that the XRP addresses exploiting its utility had slowed down on their tries as the network growth fell to 1394.

Per the thirty-day Market Value to Realized Value (MVRV) ratio, it was a similar circumstance but slightly different. According to the MVRV, XRP investors must have made good profits as of 23 September, when the ratio was 38.39%.

Despite a fall to 1.50% on 2 October, the MVRV showed that more greens could be on the way. At the time of this writing, the XRP’s MVRV ratio was 6.22%.

Source: Santiment

Besides the MVRV ratio and network growth, XRP had other aspects to thank for this increase. Some days