🚨 Over the past month, the XRP Ledger (XRPL) has experienced a notable increase in new wallet creations. Between March and May 2025, over 511,430 new XRP wallets were added, averaging approximately 8,500 new wallets per day. Additionally, on October 20, 2024, the XRPL saw a significant spike, with 3,858 new wallets created in a single day the highest daily increase in over seven months. This surge in wallet creation coincides with increased network activity, including a 620% week-over-week rise in active addresses, jumping from 74,589 to 462,650 by early March 2025.
These trends suggest growing interest and participation in the XRP ecosystem, potentially driven by factors such as airdrops, reduced reserve requirements, and broader market developments.
🔍Cryptocurrency investments carry risks. Therefore, this is not financial advice (No BSH recommendation). Hence please do your own research (DYOR) before making investment decisions. 🚨