#Xrp

𝙓𝙍𝙋 𝘿𝙖𝙞𝙡𝙮 𝘼𝙙𝙙𝙧𝙚𝙨𝙨𝙚𝙨 𝙀𝙭𝙥𝙡𝙤𝙙𝙚 7𝙭 𝙖𝙨 𝙒𝙝𝙖𝙡𝙚𝙨 𝙃𝙤𝙡𝙙𝙞𝙣𝙜 1𝙈+ 𝙓𝙍𝙋 𝙍𝙚𝙖𝙘𝙝 𝘼𝙡𝙡-𝙏𝙞𝙢𝙚 𝙃𝙞𝙜𝙝

𝙎𝙝𝙖𝙧𝙠𝙨 𝙖𝙙𝙫𝙞𝙘𝙚 𝙗𝙪𝙮 𝙢𝙤𝙧𝙚 𝙓𝙧𝙥 , 𝙞𝙩'𝙨 𝙥𝙧𝙞𝙘𝙚 𝙞𝙨 𝙜𝙤𝙞𝙣𝙜 𝙩𝙝𝙧𝙤𝙪𝙜𝙝 𝙩𝙝𝙚 𝙧𝙤𝙤𝙛 𝙞𝙣 𝙣𝙚𝙖𝙧 𝙛𝙪𝙩𝙪𝙧𝙚

On-chain data on the XRP Ledger is pointing to a significant spike in user activity, with daily addresses surging by 7x in under four months.

XRP Ledger activity has surged, driven by a rise in daily users and an increase in whale and shark wallet metrics. A series of proposals to improve the blockchain, along with a wave of institutional partnerships, is powering the uptick in XRPL activity.

On-chain data from Santiment reveals growing ecosystem activity on the XRP Ledger, fueled by multiple factors. In its latest update shared on X, Santiment highlighted that the number of daily interacting XRP addresses has surged to 295,000 over the past week.

Over the past three months, the average number of daily active addresses on the XRPL hovered between 35,000 and 40,000. Based on this data, daily interacting addresses have increased sevenfold compared to the previous three-month average, signaling a significant spike in on-chain activity.

The data also shows a notable increase in the number of whale wallets on the blockchain. Currently, 2,708 wallets hold at least 1 million XRP. This marks the first time in XRP’s 12-year history that such a large number of wallets have held that much XRP—approximately $2.25 million per wallet

𝙥𝙡𝙚𝙖𝙨𝙚 𝙨𝙝𝙖𝙧𝙚 𝙖𝙣𝙙 𝙛𝙤𝙡𝙡𝙤𝙬 𝙛𝙤𝙧 𝙣𝙚𝙬 𝙩𝙤𝙥 𝙘𝙧𝙮𝙥𝙩𝙤 𝙞𝙣𝙨𝙞𝙜𝙝𝙩