XRP Forms Historic Golden Cross Against Bitcoin, Signals Potential Bull Run

XRP has made history by forming its first-ever golden cross against Bitcoin on the weekly chart, a rare technical event that may signal a long-term bullish trend. This development is particularly notable, as XRP's ratio against BTC has been stuck in a sideways pattern since late 2020, hindered by regulatory uncertainty.

A golden cross occurs when the 50-week moving average (MA) crosses above the 200-week MA, indicating a potential trend reversal. For XRP, this crossover suggests a possible breakout from its four-year sideways trend against Bitcoin, raising hopes of a bull run.

XRP's network activity has also shown significant strength. According to Messari's "State of XRP Ledger Q1 2025," XRP's market capitalization grew 2% quarter-over-quarter (QoQ), outperforming Bitcoin, Ethereum, and Solana, which collectively fell 22% QoQ. Year-over-year, XRP's market cap has surged 252% to $34.6 billion.

Network metrics have improved for the second consecutive quarter. Average daily active addresses jumped 142% QoQ to 134,600, while total new addresses increased 12% QoQ and 210% year-over-year to 568,300. Additionally, active receiver addresses outpaced sender addresses for the fourth straight quarter, with receivers climbing 168% and senders rising 14.5%.

These developments, combined with legal clarity from the Ripple vs. SEC lawsuit and growing interest in XRP, position the asset for potential growth in the crypto market.