The XRP ecosystem is heating up โ and not just in price actionโฆ ๐
According to CryptoQuant, over 9,000 new XRP wallets were created on June 11 and 12 alone โ the largest 48-hour increase in more than a week!
๐น June 11: ~4,500 new wallets
๐น June 12: ~4,200 more
โก๏ธ Thatโs a sharp rise from the previous daily average of just 3,200โ3,500 addresses
๐ Why Does It Matter?
New wallet creation = new users, apps, and interest.
This surge could signal:
โ๏ธ Growing long-term adoption
โ๏ธ Upcoming market volatility
โ๏ธ Increased network participation
Whatโs most interesting?
๐ The price of XRP has been flat or slightly down during this spike, currently trading at $2.13 (-2.52%)
๐ Trading volume is up 66.3% to $4.53 billion
๐ Price is holding steady
๐ Volume-to-market cap ratio at 3.6%, showing active liquidity
This divergence could be smart money positioning ahead of a larger move.
๐ก XRP Use Case Still Strong:
From instant settlements to cross-border payments, XRPโs real-world utility continues to draw users. The wallet growth confirms rising engagement beyond short-term speculation.
๐ฌ Are these new wallets a signal of what's coming next for $XRP ? Or just noise?
Is $3 still on the table?
๐ Share your thoughts and tag the XRP Army!
