Following the long weekend, $XRP broke above the middle line of the Bollinger Bands from below and secured its position in the upper half of the price corridor. This move officially shifted the asset into a medium-term bullish zone, ending the prolonged spring decline.
However, this price rebound differs from what we are usually used to seeing, as it coincided with a rise in activity from the x402 facilitator on the $XRP Ledger (XRPL), where the volume of settlements in native tokens increased by 111% over the past 30 days, according to t54ai data.
This growth led to the expansion of the x402 commercial network to 120 participants, driven by the integration of new merchants, which points to the gradual launch of a real economy inside the ecosystem.
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