Recent on-chain data has unveiled the investors behind the remarkable XRP price surge to $1, marking a major milestone for the cryptocurrency since 2021. The XRP price rally, as shown by on-chain data, is driven by its recent market dynamics and the activities of specific stakeholders. Despite the XRP price surge, the WallitIQ (WLTQ) AI-powered crypto wallet will help users stay ahead of the market by revealing future trends through its predictive analytics and customized alerts feature.

On-chain Insights: The Force Driving The XRP Price Surge

The XRP price rally to $1 signifies a landmark achievement for the cryptocurrency which has spent the majority of the last three years trading below $0.6. The XRP price reached new heights as bullish trends among whales and retail wallets triggered a rally as disclosed by on-chain data analysis.

This open-source cryptocurrency, ranked sixth among the top 10 coins on CoinMarketCap saw a remarkable 71.56% surge in its weekly trading chart. According to an analysis from Santiment, the accumulation of 453.3 million XRP tokens in the past week by whale and shark wallets has significantly impacted its price surge.

Santiment’s on-chain data platform also reported that whales and sharks accumulated these tokens from retail wallets with less than 1 million XRP, which collectively sold 75.7 million tokens. The recent accumulation, estimated to be worth around $526.3 million, has pushed the XRP price token to its current trading point of $1.10.

The on-chain data platform also analyzed the correlation between increased stakeholder holdings and positive market cap growth in cryptocurrencies, highlighting the recent XRP price surge as an example.

WallitIQ (WLTQ); The AI Intuitive Wallet That Will Make Crypto Trading Effortless 

WallitIQ (WLTQ) is an emerging AI wallet designed with user-friendliness in mind, delivering a smart and intuitive interface that is customizable to fit users’ needs. Whether investors want a dashboard full of charts, price updates, or portfolio summaries, WallitIQ’s (WLTQ) adaptable design provides it, simplifying asset management for investors.

Users can also tailor their experience with widgets and alerts, making sure they stay on top of important metrics like price surges or potential losses. WLTQ tokens are available at a low price of $0.0171 during the ongoing first presale stage which has raised over $1 million in revenue.

The WLTQ ERC20 token serves as the cornerstone for the WallitIQ crypto wallet, powering most functionalities and options that help improve users’ experience. This WallitIQ (WLTQ) token will be used to pay transaction or gas fees within the wallet, eliminating the need for other cryptocurrency conversions to cover trade costs.

WallitIQ (WLTQ) also has an automation feature that analyzes optimal market conditions and automates transactions based on a user’s pre-established rules, saving time and making DeFi trading easier for users. It uses an AI chatbot to provide multilingual 24/7 support, overcoming language limitations for crypto users worldwide. Moreover, WallitIQ’s smart contract has been thoroughly audited by SolidProof which guarantees the safety of its numerous wallet functionalities.

WallitIQ (WLTQ) users will be able to earn an incredible annual percentage yield (APY) of up to 180% by staking this new AI token, which is officially listed on CoinMarketCap. Further, WallitIQ (WLTQ) will use its AI-powered recommendations to make DeFi interactions easier for yield farming, liquidity provision, and token staking.

WallitIQ (WLTQ) employs AI-driven live detection tools like the AES & ECC encryptions and AI-powered Escrow Connect feature to protect users’ assets with real-time alerts from any dubious activity. Because of this proactive approach to security, users can manage their cryptocurrency portfolios with confidence, without worrying about vulnerabilities due to the reduced chances of fraud and unauthorized access.

Conclusion

The XRP price growth is heavily influenced by the recent trend of major holders who mitigated the current token sell-offs. On another note, the first presale phase of the emerging WallitIQ (WLTQ) is more than halfway complete, and the token price will increase to $0.086 in the next listing phase. Getting the token now at the discount price of $0.0171 will solidify investors position during the next presale stage

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This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.