$USDC sdc Ethereum has also seen a price surge over the past few weeks, benefiting from an average of over 110,000 new wallets created daily in the past month, while USDT lagged behind with 36,400. However, the situation for Ripple is quite concerning as only 3,500 new wallets are appearing each day (again, on average). This indicates that retail investors are still on the sidelines when it comes to new participation with XRP, which is in stark contrast to the growth seen in December 2024. At that time, new wallets established had surged to over 20,000 while XRP was in the midst of a spectacular run-up, exceeding $3. However, currently, the lack of actual retail demand could pose a problem for the asset. The past 24 hours have been somewhat painful for XRP, with the price dropping over 5% and falling below $2.5 after being rejected at $2.7 earlier this week. Nevertheless, analysts are adamant that Ripple's cross-border token has a clear sky ahead and will continue to rise as long as it does not lose the support level of $2.38.
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