币界网报道:XRP's Market Value to Realized Value (MVRV) ratio has turned positive, indicating potential for a significant price rally. According to Santiment data, the 30-day MVRV ratio for XRP has climbed into the green zone at 4.8%, suggesting that holders are now in profit on average. This metric, which compares market capitalization to realized capitalization, historically signals bullish momentum when crossing into positive territory. The current reading marks XRP's first positive MVRV since early November 2023, when the token subsequently surged over 40% in weeks. Analysts note that similar MVRV breakouts in 2021 preceded XRP's 420% rally that year. The token's price has shown resilience despite recent market volatility, maintaining support above $0.50. On-chain data reveals increasing accumulation by large wallets, with addresses holding 1 million to 10 million XRP adding over 60 million tokens in the past month. Trading volume has spiked 35% in the past 24 hours as bullish sentiment grows. Technical indicators show XRP testing key resistance at $0.55, with a breakout potentially targeting $0.75 in the short term. The positive MVRV shift coincides with growing anticipation around Ripple's ongoing SEC lawsuit developments and potential institutional adoption of XRP for cross-border payments. Market observers suggest the combination of improving fundamentals and technicals could fuel sustained upward momentum if broader crypto market conditions remain favorable.