XRP has experienced its second and third largest spikes in address activity in the past two days, with up to 490.35K addresses interacting with the network on May 28.

This comes as XRP decouples from the rest of the altcoin market and gains 4.46% in the past 24 hours, reclaiming the $0.50 price mark for the first time in a month.

The previous spike in address activity in March led to a 45% increase in XRP's price as it embarked on a solo run. However, some analysts have noted that this current run may not be sustainable if the rest of the market does not follow suit.