The currency $XRP is experiencing an event for the first time in its history - unusual data has been reported. The cryptocurrency analysis company "Santiment" has announced that the $XRP Ledger shows notable growth indicators recently. According to the report they published, interest in XRP is rapidly increasing, both in terms of usage and the number of key users.
According to their data, more than 295,000 unique $XRP addresses interacted daily on average over the past week. This figure represents nearly seven times the average daily user interaction that ranged between 35,000 and 40,000 during the past three months. This increase indicates an expansion in the use of XRP and the network gaining increasing momentum.
However, the number of whale and shark wallets holding at least one million XRP has exceeded 2,700 wallets for the first time. "Santiment" noted that this is the first time this has happened in XRP's history, which spans over 12 years.
In other developments for XRP today, we reported that the Purpose fund has direct exposure to instant XRP. The exchange-traded fund (ETF), which will be launched for trading in Toronto on June 18, will begin with three versions: hedged to the Canadian dollar (XRPP), unhedged to the Canadian dollar (XRPP.B), and the US dollar (XRPP.U). All versions can be deposited into registered investment accounts such as tax-free savings accounts (TFSAs) and retirement accounts.